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The following information is available for Sandhill Inc. Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes payable Common stock Inventory $2,880 4,440
The following information is available for Sandhill Inc. Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes payable Common stock Inventory $2,880 4,440 704 5,400 37,800 60,840 3,412 Cash Supplies Unearned service revenue Service revenue Salaries and wages payable Depreciation expense Equipment (net) $7,500 4,508 1,020 49,096 896 796 129,840 Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing retained earnings amount.) (List Assets in order of liquidity.) Sandhill, Inc. Balance Sheet Assets $ Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity $ $
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