problem: Fieldstone, Inc. had following transactions during the month of March, the 1st month of operations for the business:
The corporation issued 12,000 shares of capital stock to Sandy Fieldstone in exchange for $120,000 cash.
Purchased $73,000 of equipment; made $18,000 down payment & signed a note payable for balance.
Made payment of $9,000 on the amount owed for equipment
 find out the balance in the Cash account at the end of March.
 find out the total assets of Fieldstone, Inc. at the end of March?
 find out the balance in the Notes Payable account at the end of March.
 Determine the total amount of owners' equity at the end of March?