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Cash 1,500 2,900 Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,700 Accounts Payable 4,500 Debt 3,800 Other Liabilities 16,400 Total

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Cash 1,500 2,900 Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,700 Accounts Payable 4,500 Debt 3,800 Other Liabilities 16,400 Total Liabilities 1,700 Paid-In Capital Retained Earnings Total Equity 36,100 Total Liabilities & Equity Accounts Receivable Inventory Property Plant & Equipment Other Assets 800 5,200 7,300 23,600 30,900 36,100 Total Assets Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Buy $15,000 worth of manufacturing supplies on credit 2. Issue $85,000 in stock 3. Borrow $63,000 from a bank 4. Pay $5,000 owed to a supplier 5. Receive payment of $12,000 owed by a customer 6. Purchase equipment for $44,000 in cash 7. Pay $7,000 owed to a supplier What is the final amount in Accounts Receivable? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars. Please specify your answer in the same units as the balance sheet (1.e., enter the number from your updated balance sheet). Cash Acme Company Balance Sheet As of January 5, 2020 (amounts in thousands) 9,700 Accounts Payable 4,500 Debt 3,800 Other Liabilities 16,400 Total Liabilities 1,700 Paid-In Capital Retained Earnings Total Equity 36,100 Total Liabilities & Equity 1,500 2,900 800 Accounts Receivable Inventory Property Plant & Equipment Other Assets 5,200 7,300 23,600 30,900 36,100 Total Assets Update the balance sheet above to reflect the transactions below, which occur on January 6, 2020 1. Buy $15,000 worth of manufacturing supplies on credit 2. Issue $85,000 in stock 3. Borrow $63,000 from a bank 4. Pay $5,000 owed to a supplier 5. Receive payment of $12,000 owed by a customer 6. Purchase equipment for $44,000 in cash 7. Pay $7,000 owed to a supplier What is the final amount in Accounts Receivable? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars. Please specify your answer in the same units as the balance sheet (.e., enter the number from your updated balance sheet)

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