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The correct answer is 27,000 please explain step by step ed 0/1...

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Accounting

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The correct answer is 27,000 please explain step by step
ed 0/1 pts Question 16 At the beginning of January, the Byers Company reported total assets of $180,000, total liabilities of $30,000 and total equity of $150,000. During January the company had the following transactions: Purchased equipment for $2,000 on account Sold $10,000 of services to customers and sent a bill for that amount Purchased supplies for $500 Paid previously owed wages of $5,500 Received a utility bill for $500; will be paid next month What are the company's total liabilities at the end of January? ered swers 27,000 (with margin: 0)

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