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i just need help with buildings, accounts recieveable, and equipment. im putting the amount its telling me but it won't work. Sheridan Company has decided
i just need help with buildings, accounts recieveable, and equipment. im putting the amount its telling me but it won't work.
Sheridan Company has decided to expand its operations. The bookkeeper recently completed the following balance sheet in order to Prepare a revised balance sheet given the available information. Assume that the accumulated depreciation balance for the buildings is $160,500 and for the equipment, $105,500. The aliowance for doubtful accounts has a balance of $17,500. The pension obligation is considered a long-term liability. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) SHERIDAN COMPANY Balance Sheet December 31,2020 Assets Current Assets Cash Equity investments \( \$ \lcm{230,50 C} \) \( \lcm{120,50 \mathrm{C}} \) Accounts Receivable Less v : Allowance for Doubtful Accounts Inventory Prepaid Expenses Total Current Assets Long term Investments Cash Surrender Value of Life Insurance Buildings Less : Accumulated Depreciation-Buildings Equipment. \begin{tabular}{|l|l|l|} \hline 105,500 & i \\ \hline \end{tabular} Total Property. Plant and Equipment Intangible Assets Goodwill Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable $ Notes Payable Rent Payable Step by Step Solution
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