Business, 05.09.2020 04:01 biancaapere7

RUSTON COMPANY Balance Sheet As of January 24, 2018 (amounts in thousands)Cash 9,000 Accounts Payabe 1,200Account Receivables 3,400 Debt 3,600Inventory 5,100 Other Liabilities 2,100Property Plant & 17,500 Total liabilites 6,900EquipmentOther Assets 600 Paid-In Capital 5,900Retained Earnings 22,800Total Equity 28,700Total Assets 35,600 Total Liabilities & Equity 35,600Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts for the T- accounts, and construct a balance sheet to answer the question. Jan 25. Borrow $55,000 from a bankJan 26. Buy $14,000 worth of manufacturing supplies on creditJan 27. Pay $7,000 owed to a supplierWhat is the final amount in Total Assets

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RUSTON COMPANY Balance Sheet As of January 24, 2018 (amounts in thousands)Cash 9,000 Accounts Payabe...

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