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The Tandino Corporation completed the following transactions for the month: (a) Owners begin company by investing $30,000, (b) Purchased $3,000 of office equipment, (c) Purchased
The Tandino Corporation completed the following transactions for the month: (a) Owners begin company by investing $30,000, (b) Purchased $3,000 of office equipment, (c) Purchased $20,000 of inventory on account, (d) Sold $11,000 of the inventory to customers for $23,000, (e) Borrowed $5,000 from a bank and (f) Paid salaries of $7,000 to employees. Based on these transactions, what are the company's total assets at the end of the month?
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