Q9. On September 1 of this year, Joe's Art Supplies had a beginning balance of $300,000 in total assets. During September, the company had the following transactions listed below. What is Joe's Art Supplies asset balance at the end of September after all adjusting entries have been made?

* Received $400 of cash from a customer as a pre-order for supplies that will be delivered to the customer in October.

* Paid $2,000 of cash to its landlord for October's rent

* Received a bill for September utilities for $90. Joe's Art Supplies will pay this bill in October.