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eekly Selected financial information for Sheridan as at December 31, 2021, follows: Accounts payable $209.000 Land $104.000 59.000 Accounts receivable 190,000 Licences apport Accumulated depreciation-building
eekly Selected financial information for Sheridan as at December 31, 2021, follows: Accounts payable $209.000 Land $104.000 59.000 Accounts receivable 190,000 Licences apport Accumulated depreciation-building 75,000 Long-term equity investments Building 258,000 Mortgage payable 44,000 220,000 54,000 Cash 15,500 Notes payable Goodwill 35,000 Prepaid expenses Interest payable 17,000 Salaries payable 6,900 28,500 11,000 27.500 J. Chrowder capital 92,400 Supplies Unearned revenue Additional information: 1. All accounts have normal balances. 2. $16,000 of the mortgage payable will be paid before December 31, 2022. 3. The notes payable are payable on May 17, 2022. Prepare a classified balance sheet. (List Current Assets in order of liquidity. List Property Plant and Equipment in order of Land, Building and Equipment CUCDINAMI to search Prepare a ansied balance sheet. (List Cur Lquipment in order of Land ing and Equipment SHERIDAN Liabilities and Owner's Equity Type here to search ote 9 S M Gmail YouTube Maps & News Translate iabilities and Owner's Equity eTextbook and Media n to decimal places 1751. Chler negative amounts using that ar e Calculate working capital, the current ratio, and the acid-test ratio. (Round current ratio and acid bestratio Working cotal $ eTextbook and Media Calculate working capital, the current ratio and the acid-test ratio Round current ratio and acid-testrationswers to 2 decimal places 1751. Internative mutuigether angiver ed the Working capital Acid test ratio Textbook and Media Identify the company's liquidity The company's liquidity is e Textbook and Media Saver Type here to search
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