Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts...
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Accounting
Record the transactions in a journal, transfer the journal entries to T-accounts, compute closing amounts for the Taccounts, 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 (i.e,, enter the number from your updated balance sheet)
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