X Company prepares monthly financial statements. The following is the company's balance sheet on September 1: CAS 110 Turf bible Balance Sheet September 1 Equities $37,109 Accounts Payable 5,135 Notes Payable 12,954 3,163 Paid-In Capital 65,119 Retained Earnings $123,480 Total Equities Assets Cash Accounts Receivable Inventory Prepayments Equipment Total Assets $5,530 21,825 61,906 34,219 $123,480 ADV 260 196853 4_n.jpg B During September, the company sold common stock to investors for $25,000, paid rent on the first of the month for the rest of the year; rent was $1,300 per month, bought equipment costing $9,800, signing a note for $4,800, and paying the manufacturer $5,000 in cash, borrowed $21,000 from a bank, and paid back a previous interest-free loan for $3,780. Screen Shot 1-04...4.03 PM 6. After these transactions were recorded, what was the balance in the Cash account [ignore adjusting entries]? Submit Answer Tries 0/3 AY7QF25INFCCT ETQ354...OPA.jp 7. After these transactions were recorded, what were total assets [ignore adjusting entries]