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Dansko Integrated Balance Sheet As of January 24, 2018 (amounts in thousands) Cash 9,900 Accounts Payable...

Dansko Integrated
Balance Sheet
As of January 24, 2018
(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?

Please specify your answer in the same units as the balance sheet.

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Expert Solution

ekkarill92 answered 2 years ago
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