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Question Completion Status TOUTUS Tayo QUESTION 45 Determine which financial statement is impacted by the transactions listed below On March 31st, purchased 12 months of

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Question Completion Status TOUTUS Tayo QUESTION 45 Determine which financial statement is impacted by the transactions listed below On March 31st, purchased 12 months of rent for $3,200 A. Balance Sheet v On April 1st paid $4,200 on accounts payable. Billed client for $12,000 on April 14th for services provided On April 31st we paid the utility bill for $650 On April 20. purchased Furniture for the new office wing v that cost $45.000 paid $15,000 cash and signed a two- year note for the balance Reese Hunter sent $42,000 advanced payment for his custom order. (tricky - think carefully) B. Balance Sheet and income Statement C. Income Statement D. No impact on financial statements and Seeland Submit to save and submit. Click Save answers to save all answers, Question Completion Status TOUTUS Tayo QUESTION 45 Determine which financial statement is impacted by the transactions listed below On March 31st, purchased 12 months of rent for $3,200 A. Balance Sheet v On April 1st paid $4,200 on accounts payable. Billed client for $12,000 on April 14th for services provided On April 31st we paid the utility bill for $650 On April 20. purchased Furniture for the new office wing v that cost $45.000 paid $15,000 cash and signed a two- year note for the balance Reese Hunter sent $42,000 advanced payment for his custom order. (tricky - think carefully) B. Balance Sheet and income Statement C. Income Statement D. No impact on financial statements and Seeland Submit to save and submit. Click Save answers to save all answers

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