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The following are independent situations. A company orders and receives 1 0 personal computers for office use for which it signs a note promising to

The following are independent situations. A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $20,000 within three months. A company purchases for $26,000 cash a new delivery truck that has a list (sticker) price of $29,000. A clothing retailer orders 30 new display stands for $350 each for future delivery. A new company is formed and issues 100 shares of stock for $10 per share to investors. A company purchases a piece of land for $55,000 cash. An appraiser for the buyer valued the land at $58,500. The owner of a local company uses a personal check to buy a $12,500 car for personal use. Answer from the companys point of view. A company borrows $4,500

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