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908 On January 1, Kirk Corporation had total assets of $866,000. During the month, the following activities occurred Kirk Corporation acquired equipment costing $7,600,
908 On January 1, Kirk Corporation had total assets of $866,000. During the month, the following activities occurred Kirk Corporation acquired equipment costing $7,600, promising to pay cash for it in 60 days. Kirk Corporation purchased $3,660 of supplies for cash Kirk Corporation sold land, which it had acquired 2 years ago. The land had cost $16,600 and it was sold for $16,600 cash Kirk Corporation signed an agreement to rent additional storage space next month at a charge of $1,160 per month. What is the amount of total assets of Kirk Corporation at the end of the month? Multiple Choice 5877,260 $873,600 $820,400 $837000 Piev 1 of 10 Next >
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