The Spunkmeyer Corporation started operations this month and had the following transactions: 1 Owners invested $10,000 to start company, 6 Purchased $300 of supplies, 12 Completed work for a customer worth $900; sent bill 20 Customers purchased $500 of services in advance, 25 Completed work for another customer and was paid $2,200 At the end of the month, $100 of supplies were on still hand. What are the company's total assets at the end of the month?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Spunkmeyer Corporation started operations this month and had the following transactions: 1 Owners invested $10,000 to start company, 6 Purchased $300 of supplies, 12 Completed work for a customer worth $900; sent bill 20 Customers purchased $500 of services in advance, 25 Completed work for another customer and was paid $2,200 At the end of the month, $100 of supplies were on still hand. What are the company's total assets at the end of the month?

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