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Valley Technology Balance Sheet As of January 24, 2021 (amounts in thousands) 9,700 Accounts Payable 4,500 Debt Cash 1,500 2,900 800 Accounts Receivable Inventory Property

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Valley Technology Balance Sheet As of January 24, 2021 (amounts in thousands) 9,700 Accounts Payable 4,500 Debt Cash 1,500 2,900 800 Accounts Receivable Inventory Property Plant & Equipment Other Assets 3,800 Other Liabilities 16,400 Total Liabilities 5,200 1,700 Paid-In Capital Retained Earnings Total Equity 36,100 Total Liabilities & Equity 7,300 23,600 30,900 36,100 Total Assets 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. Buy $15,000 worth of manufacturing supplies on credit Jan 26. Issue $85,000 in stock Jan 27. Borrow $63,000 from a bank Jan 28. Pay $5,000 owed to a supplier Jan 29. Receive payment of $12,000 owed by a customer What is the final amount in Total Liabilities? Note: Transaction amounts are provided in dollars but the balance sheet units are thousands of dollars. Please specify your answer in the same units as the balance sheet e enter the number from your updated balance sheet ssary in separate tab n tips search o

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