Question
The following items are taken from the financial statements of Sarasota Company for the year ending December 31, 2022: Accounts payable $ 17,700 Accounts receivable
The following items are taken from the financial statements of Sarasota Company for the year ending December 31, 2022:
Accounts payable | $ 17,700 | ||
Accounts receivable | 6,500 | ||
Accumulated depreciationequipment | 5,500 | ||
Bonds payable | 18,500 | ||
Cash | 25,000 | ||
Common stock | 25,700 | ||
Cost of goods sold | 27,800 | ||
Depreciation expense | 4,300 | ||
Dividends | 5,900 | ||
Equipment | 48,500 | ||
Interest expense | 2,900 | ||
Patents | 12,100 | ||
Retained earnings, January 1, 2022 | 21,900 | ||
Salaries and wages expense | 5,600 | ||
Sales revenue | 53,200 | ||
Supplies | 3,900 |
repare a classified balance sheet for Sarasota Company. (List Current assets in order of liquidity.)
SARASOTA COMPANY Balance Sheet For the Year Ended December 31, 2022For the Month Ended December 31, 2022December 31, 2022 | |||||
---|---|---|---|---|---|
Assets | |||||
select an opening name for subsection one Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||||
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 subsection one Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | $ enter a total amount for subsection one | ||||
select an opening name for subsection two Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||||
enter a balance sheet item | enter a dollar amount | ||||
select between addition and deduction AddLess: enter a balance sheet item | enter a dollar amount | enter a total amount for subsection two | |||
select an opening name for subsection three Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||||
enter a balance sheet item | enter a dollar amount | ||||
select a closing section name for this part of the balance sheet Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | $ enter a total amount for this part of the balance sheet | ||||
Liabilities and Stockholders' Equity | |||||
select an opening name for subsection one Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||||
enter a balance sheet item | $ enter a dollar amount | ||||
select an opening name for subsection two Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||||
enter a balance sheet item | enter a dollar amount | ||||
select a closing name for section one Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | enter a total amount for this section of the balance sheet | ||||
select an opening name for section two Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity | |||||
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 Current AssetsIntangible AssetsCurrent LiabilitiesLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity |
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