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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 Property Plant & Equipment 15,600 Total Liabilities Other Assets 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. Sell product for $30,000 in cash with historical cost of $24,000 Jan 26. Sell, deliver, and receive payment of $40,000 for service Jan 27. Consume good or service and pay expense of $2,000 What is the final amount in Total Assets? Please specify your answer in the same units as the balance sheet
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