Business, 09.09.2021 22:50 tanabugg

On January 1, Kirk Corporation had total assets of $856,000. During the month, the following activities occurred: Kirk Corporation acquired equipment costing $6,600, promising to pay cash for it in 60 days. Kirk Corporation purchased $3,560 of supplies for cash. Kirk Corporation sold land, which it had acquired 2 years ago. The land had cost $15,600 and it was sold for $15,600 cash. Kirk Corporation signed an agreement to rent additional storage space next month at a charge of $1,060 per month. What is the amount of total assets of Kirk Corporation at the end of the month

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On January 1, Kirk Corporation had total assets of $856,000. During the month, the following activit...

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