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1,200 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Ruston Company Balance Sheet As of January 24, 2020 (amounts in thousands) 9,000 Accounts
1,200 Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Ruston Company Balance Sheet As of January 24, 2020 (amounts in thousands) 9,000 Accounts Payable 3,400 Debt 5,100 Other Liabilities 17,500 Total Liabilities 600 Paid-In Capital Retained Earnings Total Equity 35,600 Total Liabilities & Equity 3,600 2,100 6,900 5,900 22,800 28,700 35,600 Total Assets Record 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. Sell product for $30,000 in cash with historical cost of $24,000 Jan 26. Sell, deliver, and receive payment of $25,000 for service Jan 27. Consume good or service and pay expense of $1,000 What is the final amount in Total Assets? Please specify your answer in the same units as the balance sheet
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