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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 $180,000 by making a $30,000 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 $235.000 $269,000 $105,000 none of the above choices are correct

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