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Td9-E7c Company recorded the following transactions during it first month of operations: 1. sold common stock to owners for $200,000 cash 2 purchased a piece

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Td9-E7c Company recorded the following transactions during it first month of operations: 1. sold common stock to owners for $200,000 cash 2 purchased a piece of land for $100,000 by making a $70,000 cash down payment and signing a note payable for the balance 3. made a $25,000 cash payment on the above mentioned note payable 4. purchased office equipment on account for $14,000 Td9-E7c Company total assets at the end of its first month of operations would be equal to: $245,000 $219,000 $114,000 $200,000 $135.000 $259.000 $205.000 $124.000 $249.000 $145.000 $285,000

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