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PLEASE HELP! I cannot figure out the things highlighted in red! The following items are taken from the financial statements of Sheridan Company at December
PLEASE HELP!
The following items are taken from the financial statements of Sheridan Company at December 31, 2025. repare a classified balance sheet. Assume that $10,000 of the mortgage payable will be paid in 2026. (List Current Assets in order of quidity. List Property. Plant, and Equipment in order of Land, Bulldings, Equipment, and Land Improvements.) Assets Current Assets Cash Debt livestments Accounts Recelvable. Notes Receivable Supplies Total Current Acsets Long-Term Investments Stock Investments Property. Plant, and Equipment Assets 15 3a-Duildirmh . I quipment an Land improvements Total Assets Liabilities and Stockholders' Equity Current Labilities Accounts Pavable Interest Payable income Taxes Payable Total Current Liabilities Long-Term Liabilities Mortgage Payable Total Liabilities Liabilities and Stockholders' Equity Long Term Labilities Moeteage Payable Total Liabilities Stockholders" Eaunty Retsinet Larneties Eommen Stock Total Stockholaer's Egulty Total Liatuinties and Stocthelders' Lquify I cannot figure out the things highlighted in red!
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