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Swifty Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown
Swifty Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Credit No. 101 112 157 158 201 208 311 320 Swifty Company Adjusted Trial Balance July 31, 2022 Account Titles Debit Cash $10,700 Accounts Receivable 9,400 Equipment 16,000 Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends 16,500 Service Revenue Rent Revenue Depreciation Expense 9,500 Salaries and Wages Expense 56,600 Utilities Expense 15,300 $134,000 $7,200 4,050 2,200 20,170 29,380 332 64,000 7,000 400 429 711 726 732 $134,000 Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Swifty Company Balance Sheet V Assets $ $ $ Liabilities and Stockholders' Equity $ $ $
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