The Book Peddler is a retail store that sells books, cards, business supplies, and novelties. The firm's cash receipts during June 2016 are shown below. The general ledger accounts used to record these transactions appear below.

INSTRUCTIONS

1. Open the general ledger accounts and enter the balances as of June 1.

2. Record the transactions in a cash receipts journal. (Use page 14.)

3. Post the individual entries from the Other Accounts Credit section of the cash receipts journal to the proper general ledger accounts.

4. Total, prove, and rule the cash receipts journal as of June 30.

5. From the cash receipts journal, post the totals to the general ledger.

GENERAL LEDGER ACCOUNTS

102 Cash $1,200

111 Accounts Receivable 8,400

115 Notes Receivable 1,700

129 Office Supplies 1,000

231 Sales Tax Payable 400

302 Tina Kapoor, Capital 7,600

401 Sales

791 Interest Income

DATE TRANSACTIONS

June 3 Received $500 from Do It Yourself Copy Center, a credit customer.

4 Received a check for $1,802 from Amanda Whitehead to pay her note receivable; the total included $102 of interest.

5 Received a $310 refund for damaged supplies purchased from Books-R-Us.

7 Recorded cash sales of $1,700 plus sales tax payable of $136.

10 Received $1,200 from Linda Park, a credit customer.

13 Tina Kapoor, the owner, contributed additional capital of $13,000 to the business.

14 Recorded cash sales of $1,600 plus sales tax of $128.

18 Received $1,760 from Karen Cho, a credit customer.

19 Received $1,300 from Nancy Matthews, a credit customer.

21 Recorded cash sales of $1,800 plus sales tax of $144.

27 Received $850 from Alex Holloway, a credit customer.

Analyze: Assuming that all relevant information is included in this problem, what are total assets for The Book Peddler at June 30, 2016?