Question
The following information is available for Sunland Company Accounts receivable $3,400 Cash $6,200 Accounts payable 4,800 Supplies 3,740 Interest payable 520 Unearned service revenue 860
The following information is available for Sunland Company
Accounts receivable | $3,400 | Cash | $6,200 | |||
---|---|---|---|---|---|---|
Accounts payable | 4,800 | Supplies | 3,740 | |||
Interest payable | 520 | Unearned service revenue | 860 | |||
Salaries and wages expense | 5,200 | Service revenue | 42,100 | |||
Notes payable | 32,500 | Salaries and wages payable | 800 | |||
Common stock | 50,600 | Depreciation expense | 700 | |||
Inventory | 2,900 | Equipment (net) | 110,500 |
Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity.)
Sunland Company Balance Sheet choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Month Ended December 31, 2022 | ||||||
---|---|---|---|---|---|---|
Assets | ||||||
enter a balance sheet item | $enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing section name for this part of the balance sheet Total Property, Plant and EquipmentTotal Liabilities and Stockholders' EquityLong-term InvestmentsTotal LiabilitiesIntangible AssetsLong-term LiabilitiesTotal Stockholders' EquityTotal AssetsTotal Long-term InvestmentsLiabilitiesTotal Current AssetsTotal Intangible AssetsTotal Long-term LiabilitiesStockholders' EquityProperty, Plant and EquipmentCurrent Assets | $enter a total amount for this part of the balance sheet | |||||
Liabilities and Stockholders' Equity | ||||||
select an opening name for section one Stockholders' EquityTotal Intangible AssetsTotal Property, Plant and EquipmentTotal Stockholders' EquityLong-term LiabilitiesLiabilitiesCurrent AssetsProperty, Plant and EquipmentLong-term InvestmentsIntangible AssetsTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Liabilities and Stockholders' EquityTotal AssetsTotal LiabilitiesTotal Current Assets | ||||||
enter a balance sheet item | $enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing name for section one Total Intangible AssetsLong-term LiabilitiesTotal Property, Plant and EquipmentStockholders' EquityTotal Stockholders' EquityLiabilitiesTotal Long-term InvestmentsTotal Long-term LiabilitiesIntangible AssetsLong-term InvestmentsTotal Liabilities and Stockholders' EquityTotal LiabilitiesCurrent AssetsTotal AssetsTotal Current AssetsProperty, Plant and Equipment | $enter a total amount for this section of the balance sheet | |||||
select an opening name for section two Current AssetsTotal Intangible AssetsTotal Long-term LiabilitiesTotal Stockholders' EquityTotal Liabilities and Stockholders' EquityTotal LiabilitiesLong-term InvestmentsIntangible AssetsLiabilitiesStockholders' EquityTotal AssetsLong-term LiabilitiesTotal Long-term InvestmentsTotal Property, Plant and EquipmentTotal Current AssetsProperty, Plant and Equipment | ||||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing name for section two LiabilitiesLong-term InvestmentsTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesProperty, Plant and EquipmentTotal Stockholders' EquityIntangible AssetsTotal Long-term InvestmentsTotal Intangible AssetsLong-term LiabilitiesTotal Property, Plant and EquipmentStockholders' EquityTotal Current AssetsCurrent AssetsTotal LiabilitiesTotal Assets | enter a total of the two previous amounts | |||||
select a closing name for this part of the balance sheet Long-term LiabilitiesIntangible AssetsTotal Property, Plant and EquipmentTotal Long-term InvestmentsLiabilitiesTotal Stockholders' EquityStockholders' EquityTotal Long-term LiabilitiesCurrent AssetsLong-term InvestmentsTotal Liabilities and Stockholders' EquityTotal Intangible AssetsTotal AssetsTotal LiabilitiesTotal Current AssetsProperty, Plant and Equipment | $enter a total amount for this part of the balance sheet |
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