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The adjusted trial balance of Fargo Company as of July 3 1 , 2 0 2 2 , is presented below. ( Read that again,

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The adjusted trial balance of Fargo Company as of July 31,2022, is presented below. (Read that
again, think about what that means about where Fargo is in the accounting cycle.) Notice that the total
debits and credits for each account are indicated (including the beginning balances) rather than the usual
account balance. For example, the cash account had transactions which resulted in a total of $67,700
debits (including the beginning balance) and a total of $55,400 credits.
All adjusting entries have been made for the month of July 2022, except the adjustment for
inventory. Fargo's fiscal year end is June 30.
If the beginning balance in Note Payable was $20,000, what amount of Notes Payable did Fargo issue
in in July?
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