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Use the information below to calculate the ending total assets of Lisa Inc. Assume the business has zero assets before these transactions occur. Lisa Inc

Use the information below to calculate the ending total assets of Lisa Inc. Assume the business has zero assets before these transactions occur.

Lisa Inc raises shareholders' equity for cash

12,000.0

Lisa Inc borrows cash

5,000.0

Lisa Inc purchases a building for cash

6,700.0

Lisa Inc pays interest in cash

500.0

Lisa Inc purchases inventories on credit from supplier, not payable until the next financial year

14,300.0

Lisa inc generates cash sales

15,000.0

Cost of goods sold with regard to these sales

10,200.0

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