Acompany was formed with $61,300 cash contributed by its owners in exchange for common stock. the company borrowed $31,300 from a bank. the company purchased $11,300 of inventory and paid cash for it. the company also purchased $71,300 of equipment by paying $10,000 in cash and issuing a note for the remainder. what is the amount of the total liabilities to be reported on the balance sheet?

1. gar principles or "the principles"are intended to do what? a. foster an awareness of the hierarchical structure of the organization b. explain the best method of implementing biometric security techniques c. foster an awareness of the importance of good employee training d. foster an awareness of getting upper level management on board in understanding the need to implement an ig program e. foster an awareness of good record keeping principles

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.