[The Following Information Applies to the Questions Displayed Below

question 104

Multiple Choice

[The following information applies to the questions displayed below.]
The following transactions occurred during March,the first month of operations for Quality Galleries,Inc.:
* Capital stock was issued in exchange for $360,000 cash.
* Purchased $180,000 of equipment by making a $60,000 cash down payment and signing a note payable for the balance.
* Made a $35,000 cash payment on the note payable from the purchase of equipment.
* Sold a piece of equipment for cash of $18,000.The equipment was sold at cost,so there is no gain or loss on the sale.
-What is the balance in the Note Payable account at the end of March?

• A)$120,000
• B)$85,000
• C)$35,000
• D)$155,000

Comprehend the concepts of energy and nutrient density in foods.

Recognize non-essential nutrients that provide energy.

Learn about macronutrients and their caloric values.

Grasp the importance of dietary fibers and their recommended intake levels.

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