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The following are independent situations a. A company orders and receives 10 personal computers for office use for which it signs a note promising to

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The following are independent situations a. A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $25,000 within three months. b. A company purchases for $21,000 cash a new delivery truck that has a list ("sticker") price of $24,000 c. A women's clothing retailer orders 30 new display stands for $300 each for future delivery d. A new company is formed and issues 100 shares of stock for $12 per share to investors e. A company purchases a piece of land for $50,000 cash. An appraiser for the buyer valued the land at $52,500 f The owner of a local company uses a personal check to buy a $10,000 car for personal use. Answer from the company's point of view. g. A company borrows $2,000 from a local bank and signs a six-month note for the loan. h. A company pays $1,500 owed on its ten-year note payable (ignore interest) Required: 1. Indicate titles of the appropriate accounts, if any, affected in each of the preceding events. Consider what the company gives and receives. Given Received

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