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Required information E2-10 Analyzing Accounting Equatlon Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-41 Rawico Communications operates 10
Required information E2-10 Analyzing Accounting Equatlon Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-41 Rawico Communications operates 10 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $1.700. Supplier intends to deliver later in the month. 6. Purchased equipment that cost $22000: paid $6,000 cash and signed a promissory note to pay $16,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e Received an investment of $10.000 cash from the company's owners in exchange for issuing common shares. f Supplies [ordered in (al were received, along with a bill for $1700. E2-10 Part 3 3. Rawico began the month with $170.000 in total assets. What total assets would be reported on the balance sheet after events (2) (f? Ending Total Assets
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