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On December 1, 2022 Sheridan Company had the following account balances. Debits Credits Cash $18,900 Accumulated Depreciation-Equipment $3,320 Notes Receivable 2,180 Accounts Payable 6,210
On December 1, 2022 Sheridan Company had the following account balances. Debits Credits Cash $18,900 Accumulated Depreciation-Equipment $3,320 Notes Receivable 2,180 Accounts Payable 6,210 Accounts Receivable 7,680 Common Stock 47,600 Inventory 15,700 Retained Earnings 21,120 Prepaid Insurance 1,790 Equipment 32,000 $78,250 $78,250
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