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Brief Exercise 1-05 In alphabetical order below are balance sheet items for Sunland Company at December 31, 2022. Accounts payable $62,500 Accounts receivable 73,000 Cash

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Brief Exercise 1-05 In alphabetical order below are balance sheet items for Sunland Company at December 31, 2022. Accounts payable $62,500 Accounts receivable 73,000 Cash 21,500 Common stock 18,000 Retained earnings 14,000 Prepare a balance sheet. (List assets in order of liquidity.) SUNLAND COMPANY Balance Sheet Assets Liabilities and Stockholders' Equity $ $

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