At the beginning of April, Warren Corporation's assets totaled $259,000 and abilities totaled $79.000 During April the following summarized transactions occurred 37 Additional shares of stock were sold for $29500 cash Abulding costing $14,000 was purchased using $19.500 cash and by signing an 594 500 long-term note payable Short term investres costing $10.000 were purchased using cash $11.900 was paid to an employees on the coloyee signed a month note in exchange for the loan 0151 How much we Warren's tot ne end of on? Multiple Choice O $16.500 O $190.000 5073,500 0 204.900 38 Which of the following journal entries is correct when a business entity purchases land costing $45,000 by signing a one-year note payable? 8 0124:48 Multiple Choice 45,000 Land Notes payable 45,000 Notes payable 45,000 Land 45.000 Land Accounts payable 45,000 45,000 Cash Notes payable 45,000 45,000 When a credit sale is made will teams of 20 w30 on May 10 and the customer's check is received on May 19, which of the following is true about the May 19 journal entry! 39 Me Choice O There were de be dicono May 10 O The will the credit to accounts receivable because the discount was recorded on May There will be a credite courts on Mayn. O The debt to cath will be us than the credit to accounts receivable on May 19