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Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands) Cash9,000Accounts Payable1,200Accounts Receivable3,400Debt3,600Inventory5,100Other Liabilities2,100Property Plant & Equipment17,500 Total Liabilities 6,900 Other Assets600Paid-In Capital5,900Retained
Acme Company Balance Sheet As of January 5, 2023 (amounts in thousands)Cash9,000Accounts Payable1,200Accounts Receivable3,400Debt3,600Inventory5,100Other Liabilities2,100Property Plant & Equipment17,500Total Liabilities6,900Other Assets600Paid-In Capital5,900Retained Earnings22,800Total Equity28,700Total Assets35,600Total Liabilities & Equity35,600
Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023
1. Borrow $55,000 from a bank 2. Buy $14,000 worth of manufacturing supplies on credit 3. Pay $7,000 owed to a supplier 4. Receive payment of $12,000 owed by a customer
What is the final amount in Cash?
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