Business, 25.02.2020 03:19 twistedhyperboles
On January 1, Kirk Corporation had total assets of $851,000. During the month, the following activities occurred: Kirk Corporation acquired equipment costing $6,100, promising to pay cash for it in 60 days. Kirk Corporation purchased $3,510 of supplies for cash. Kirk Corporation sold land, which it had acquired 2 years ago. The land had cost $15,100 and it was sold for $15,100 cash. Kirk Corporation signed an agreement to rent additional storage space next month at a charge of $1,010 per month. What is the amount of total assets of Kirk Corporation at the end of the month?
Answers: 2
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Answers: 1
On January 1, Kirk Corporation had total assets of $851,000. During the month, the following activit...
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