Hello,

I got some of my answers correct, but then I am trying to figure out the rest.

Problem 2-3A (Part Level Submission)

You are provided with the following information for Vaughn Manufacturing, effective as of its April 30, 2017, year-end.

Accounts payable $909

Accounts receivable 975

Accumulated depreciationequipment 670

Cash 1,435

Common stock 1,395

Cost of goods sold 1,135

Depreciation expense 260

Dividends 400

Equipment 2,585

Income tax expense 240

Income taxes payable 210

Insurance expense 285

Interest expense 475

Inventory 1,132

Land 3,265

Mortgage payable 3,665

Notes payable 226

Prepaid insurance 135

Retained earnings (beginning) 1,600

Salaries and wages expense 625

Salaries and wages payable 297

Sales revenue 5,265

Stock investments (short-term) 1,290

Compile a classified balance sheet for Vaughn Manufacturing as of April 30, 2017.(List current assets in order of liquidity.)

Drop down buttons to choose from

$

Current Assets

Current Liabilities

Intangible Assets

Long-Term Investments

Long-Term Liabilities

Property, Plant and Equipment

Stockholders' Equity

Total Assets

Total Current Assets

Total Current Liabilities

Total Intangible Assets

Total Liabilities

Total Liabilities and Stockholders' Equity

Total Long-term Investments

Total Long-term Liabilities

Total Property, Plant and Equipment

Total Stockholders' Equity

Vaughn Manufacturing

Balance Sheet

For the Year Ended April 30, 2017April 30, 2017

Assets

Current Assets Current

1. Cash

2.

3.

4.

5.

Total Current Assets $

Liabilities and Stockholders' Equity

Current Liabilities

Accounts Payable

Notes Payable

Income Taxes Payable