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Hutchison has $16,000 in his personal bank account and $45,000 in the business bank account. b. Hutchison owes $5,800 on a personal charge account at

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Hutchison has $16,000 in his personal bank account and $45,000 in the business bank account. b. Hutchison owes $5,800 on a personal charge account at a local department store. Hutchison acquired business furniture for $26,400 on September 4. Of this amount, the business owes $13,000 on accounts payable at September 30. Office supplies on hand at the real estate office total $3,000. e. Hutchison's business owes $102,000 on a note payable for some land acquired for a total price of $150,000. Hutchison's business spent $15,000 for a Realty Group franchise, which entitles him to represent himself as an agent. Realty Group is a national affiliation of independent real estate agents. This franchise is a business asset. g. Hutchison owes $165,000 on a personal mortgage on his personal residence, which he acquired in 2014 for a total price of $411,000. Question Hel Marcus Hutchison is a realtor. He organized his business as a corporation on September 16, 2019. The business received $80,000 cash from Hutchison and issued common stock Consider the following facts as of September 30, 2019 (Click the icon to view the facts.) Read the requirements September 30, 2019 Assets Choose from any list or enter any number in the input fields and then click Check

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