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Balance Sheet Question $ 856 840 590 1,380 17,000 1,000 425 315 2,600 2,000 175 155 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock
Balance Sheet Question
$ 856 840 590 1,380 17,000 1,000 425 315 2,600 2,000 175 155 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 270 550 1,010 14,670 2,900 4,500 54 50 1,500 650 280 5,100 1,200 Prepare a classified balance sheet for Sunland Company as of April 30, 2022. (List Current Assets in order of liquidity.) SUNLAND COMPANY Balance Sheet Assets Current Assets Cash Accounts Receivable ta Liabilities and Stockholders' Equity Liabilities and Stockholders' EquityStep by Step Solution
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