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Sheridan Company Balance Sheet December 31, 2022 Cash $195000 Accounts payable $207000 Accounts receivable 155000 Salaries and wages payable 29000 Inventory 169000 Mortgage payable
Sheridan Company Balance Sheet December 31, 2022 Cash $195000 Accounts payable $207000 Accounts receivable 155000 Salaries and wages payable 29000 Inventory 169000 Mortgage payable 238000 Prepaid insurance 92600 Total liabilities $474000 Stock investments 260000 Land 294000 Buildings $321000 Common stock $429100 Less: Accumulated (60500) 260500 Retained earnings 738000 depreciation Total stockholders' Goodwill 215000 $1167100 equity Total liabilities and $1641100 Total assets $1641100 stockholders' equity O $769500 $554500 $1019500 $615000
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