Dansko Integrated Balance Sheet As of January 24, 2023 (amounts in thousands) Cash...
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Accounting
Dansko IntegratedBalance SheetAs of January 24, 2023(amounts in thousands)
Cash
9,900
Accounts Payable
2,700
Accounts Receivable
4,500
Debt
3,500
Inventory
3,800
Other Liabilities
1,000
Property Plant & Equipment
16,800
Total Liabilities
7,200
Other Assets
1,600
Paid-In Capital
8,000
Retained Earnings
21,400
Total Equity
29,400
Total Assets
36,600
Total Liabilities & Equity
36,600
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. Consume good or service and pay expense of $3,000 Jan 26. Sell product for $40,000 in cash with historical cost of $32,000 Jan 27. Sell, deliver, and receive payment of $25,000 for service
What is the final amount in Total Liabilities & Equity?
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 (i.e., enter the number from your updated balance sheet).
Answer & Explanation
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