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Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands) Cash 10,900 Accounts Payable 1,100 Accounts Receivable 4,100 Debt 2,600 Inventory 4,300 Other
Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands) | |||
---|---|---|---|
Cash | 10,900 | Accounts Payable | 1,100 |
Accounts Receivable | 4,100 | Debt | 2,600 |
Inventory | 4,300 | Other Liabilities | 3,100 |
Property Plant & Equipment | 15,900 | Total Liabilities | 6,800 |
Other Assets | 1,200 | Paid-In Capital | 8,000 |
Retained Earnings | 21,600 | ||
Total Equity | 29,600 | ||
Total Assets | 36,400 | Total Liabilities & Equity | 36,400 |
Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023
1. Buy $17,000 worth of manufacturing supplies on credit 2. Receive payment of $9,000 owed by a customer
What is the final amount in Cash?
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