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Classify and order the following accounts to prepare a balance sheet or statement of financial position and answer the following questions: Inventory $ 5,625; Mortgage
Classify and order the following accounts to prepare a balance sheet or statement of financial position and answer the following questions: Inventory $ 5,625; Mortgage $ 18,000; Prepaid expenses $ 0; Accounts payable $ 8,925; Long-term debt payable at the end of the month $ 900; Tractors $ 12,800; Land $ 20,000; Fee payable at the end of the month notice payable $ 400; Cash in the bank $ 41,383; Accounts Receivable at the end of the month $ 21,900; Note payable for 5 years $ 8,800; Farm owner investment $ 50,000; Accumulated depreciation $ 700; Retained earnings $ 15,283 a. What is the total non-current assets?
b. What is the total current liabilities?
c. What is the total liabilities + equity?
d.Calculate the Working Capital
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