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These financial statement items are for Sheridan Corporation at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts

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These financial statement items are for Sheridan Corporation at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash $ 4,080 59,100 17,300 20,500 4,100 67,700 10,200 3,700 16,000 31,100 11,680 7,400 4,000 5,400 35,900 Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) SHERIDAN CORPORATION Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity $ Liabilities and Stockholders' Equity $ $ $

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