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Siam Traders Balance Sheet As of January 24, 2018 (amounts in thousands) Cash 9,100 Accounts Payable 4,400 Debt 4,800 Other Liabilities 1,900 2,400 600 4,900
Siam Traders Balance Sheet As of January 24, 2018 (amounts in thousands) Cash 9,100 Accounts Payable 4,400 Debt 4,800 Other Liabilities 1,900 2,400 600 4,900 6,900 24,700 31,600 36,500 Accounts Receivable Inventory Property Plant& Equipment Other Assets 15,600 Total Liabilities 2,600 Paid-In Capital Retained Earnings Total Equity Total Assets 36,500 Total Liabilities & Equity 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. Purchase equipment for $43,000 in cash Jan 26. Receive payment of $11,000 owed by a customer Jan 27. Buy $14,000 worth of manufacturing supplies on credit Jan 28. Issue $70,000 in stock Jan 29. Pay $8,000 owed to a supplier What is the final amount in Total Equity? Please specify your answer in the same units as the balance sheet
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