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Ceramic productions inc reports these accounts balances at January 1,2015 Accounts payable- 31,000 Accounts receivable-23,000 Buildings -156,000 Capital stock- 188,000 Cash-16,000 Equipment 23,000 Land 83,000

Ceramic productions inc reports these accounts balances at January 1,2015
Accounts payable- 31,000
Accounts receivable-23,000
Buildings -156,000
Capital stock- 188,000
Cash-16,000
Equipment 23,000
Land 83,000
Notes payable 27,000
Retained earnings 52,000
On January 5, ceramic products collected 15,000 of its accounts reported payable
On January 6 2015 total liabilities are
$0
$58000
284,000
44,000

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