Reference no: EM132540925
Question - The Tandino Corporation completed the following transactions for the month:
(a) Owners begin company by investing $30,000,
(b) Purchased $3,000 of office equipment,
(c) Purchased $20,000 of inventory on account,
(d) Sold $11,000 of the inventory to customers for $23,000,
(e) Borrowed $5,000 from a bank and
(f) Paid salaries of $7,000 to employees.
Based on these transactions, what are the company's total assets at the end of the month?