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Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Valley Technology Balance Sheet As of January 24, 2019 (amounts in thousands) 9,700 Accounts Payable

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Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Valley Technology Balance Sheet As of January 24, 2019 (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 5,200 7,300 23,600 30,900 36,100 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. Buy $15,000 worth of manufacturing supplies on credit Jan 26. Issue $85,000 in stock Jan 27. Borrow $63,000 from a bank Jan 28. Pay $5,000 owed to a supplier Jan 29. Receive payment of $12,000 owed by a customer What is the final amount in Total Liabilities? Please specify your answer in the same units as the balance sheet. Cash Accounts Receivable Inventory Property Plant & Equipment Other Assets Valley Technology Balance Sheet As of January 24, 2019 (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 5,200 7,300 23,600 30,900 36,100 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. Buy $15,000 worth of manufacturing supplies on credit Jan 26. Issue $85,000 in stock Jan 27. Borrow $63,000 from a bank Jan 28. Pay $5,000 owed to a supplier Jan 29. Receive payment of $12,000 owed by a customer What is the final amount in Total Liabilities? Please specify your answer in the same units as the balance sheet

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