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The following, listed in alphabetical order, are the adjusted accounts of Sheridan Inc. as of December 31, 2022: Accounts Payable $4,446, Accounts Receivable $1,938, Accumulated
The following, listed in alphabetical order, are the adjusted accounts of Sheridan Inc. as of December 31, 2022: Accounts Payable $4,446, Accounts Receivable $1,938, Accumulated Depreciation-Equipment $6,840, Bonds Payable $35,340, Cash $1,482, Common Stock $22,800, Equipment $57,000, Notes Payable (current) $2,508, Inventory $4,218, Notes Payable (long term) $5,700, Land $29,640, Retained Earnings $17,100, and Supplies $456. Prepare a classified balance sheet in good form as of December 31, 2022. (List current assets in order of liquidity.) SHERIDAN INC. Balance Sheet Assets $ . $ . : . Liabilities and Stockholders' Equity . $
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