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Current Attempt in Progress You are provided with the following information for Lazuris Enterprises, effective as of its April 30, 2022, year-end. $ 834 810
Current Attempt in Progress You are provided with the following information for Lazuris Enterprises, effective as of its April 30, 2022, year-end. $ 834 810 670 1,270 16,900 1,060 335 325 2,420 1,800 165 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) 135 210 400 967 14,200 3,100 3,500 61 60 1,600 700 222 5,100 1,200 LAZURIS ENTERPRISES Income Statement For the Year Ended April 30, 2022 Revenues Sales Revenue 5,100 Expenses Salaries and Wages Expense 700 i Insurance Expense 210 i Depreciation Expense 335 i Interest Expense 400 i Income Tax Expense 165 i Total Expenses 1.245 Net Income /(Loss) $ 2,230 Prepare a classified balance sheet for Lazuris Enterprises as of April 30, 2022. (List Current Assets in order of liquidity.) LAZURIS ENTERPRISES Balance Sheet April 30, 2022 Assets Current Assets Cash $ Accounts Receivable Inventory Prepaid Insurance Stock Investments Total Current Assets Long-Term Investments Investment in Land Property, Plant and Equipment Equipment Liabilities and Stockholders' Equity $ e Textbook and Media List of Accounts
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