The following transactions are for Sheridan Company. 1. 2. On December 3, Sheridan Company sold $570,000 of merchandise to Sunland Co. on account. The cost of the merchandise sold was $376,200. On December 8, Sunland Co. returned $28,500 of merchandise purchased on December 3. The cost of the goods was $18,240. On December 13, Sheridan Company received the balance due from Sunland Co. 3. Assets Accts. Rec. Date Cash + + Inventory Dec. 3 $ A 8 13 Prepare a tabular summary to record these transactions for Sheridan Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Liabilities + Stockholders' Equity Retained Accts. Pay. + Common Stock + Rev. Exp $ $ Iders' Equity Retained Earnings Exp. $ Current Attempt in Progress The adjusted tabular summary of Warbocks Corporation at December 31, 2022 includes the following accounts: Retained Earnings $12,600; Dividends $5,000; Service Revenue $30,000; Salaries and Wages Expense $15,000; Insurance Expense $2,000; Rent Expense $4,500; Supplies Expense $500; and Depreciation Expense $1,000. Prepare a retained earnings statement for the year. WARBOCKS CORPORATION Retained Earnings Statement $ . . $ In its income statement for the year ended December 31, 2022, Larkspur Inc. reported the following condensed data. Operating expenses Cost of goods sold Interest expense Income tax expense $ 913,500 1,582,560 88,200 59,220 Interest revenue Loss on disposal of plant assets Net sales Other comprehensive income (net of $1,512 tax) $ 41,580 21,420 2,772,000 10,458 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) LARKSPUR INC. Income Statement $ . $ A A . 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 - $ . 1004xl