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Brief Exercise 1-5 In alphabetical order below are balance sheet items for Oriole Company at December 31, 2017. Accounts payable $88,400 Accounts receivable 96,560 Cash

Brief Exercise 1-5

In alphabetical order below are balance sheet items for Oriole Company at December 31, 2017.

Accounts payable		$88,400
Accounts receivable		96,560
Cash		29,920
Common stock		24,480
Retained earnings		13,600

Prepare a balance sheet. (List assets in order of liquidity.)

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