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These items are taken from the financial statements nf W/ildhorse Co. at December 31,2022. Prepare a classified balance sheet. Assume that $16,592 of the note
These items are taken from the financial statements nf W/ildhorse Co. at December 31,2022. Prepare a classified balance sheet. Assume that $16,592 of the note payable will be paid in 2023 . (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment.) WILDHORSE CO. Balance Sheet December 31, 2022 Assets $14,44511,5903,904 74.664 \( \$ \longdiv { 1 2 9 . 0 7 6 } \) ition-Building: Buildings 3 129,076 Less : : Accumulated Depreciation-Buildings Equipment 100.528 Less : : Accumulated Depreciation-Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Notes Payable Accounts Payable 5 114,192 Interest Payable 4,392 Total Current Liabilities Long-Term Liabilities Notes Payable ytion-Buidings 100,528 ition-Equipment Liabilities and Stockholders' Equity $ Notes Payable Accounts Payable 5 114,192 Interest Payable Total Current Liabilities 11.590 TotalcurrentLiabinties Long-Term Liabilities Notes Payable Total Liabiaties Stockholders' Equity Common Stock Retained Earnings Total Stockhoiders' Equity Total Liabilities and Stockholders' Equity : $ 114,192 41,5904,392 $ quity * 5
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