Light year service began operations on 1/1/20X1. Light year had the following transactions in January:...
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Light year service began operations on 1/1/20X1. Light year had the following transactions in January: 1. Received $38 from an investor, issued common stock. 2. Purchased equipment on account for $64. 3. Provided consulting services on account, $28. 4. Paid cash salaries to the receptionist, $5. 5. Received cash from a customer as payment on account, $6. 6. Borrowed $30 from the bank, issuing a note payable. At the end of January, what are the total assets for light year
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