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What amount of total assets does the company have

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Question - The Pierce Company started operations this month and had the following transactions:

1 Owners invested $45,000 to start company.

1 Purchased a twelve month insurance policy for $3,000.

12 Purchased $500 of supplies on account.

20 Customers paid for $400 of services in advance.

25 Completed $3,200 of services for another customer.

30 Paid $6,800 in employee payroll.

At the end of the month, $125 of supplies were on still hand. What amount of total assets does the company have at the end of the month?

Reference no: EM133189013

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