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These items are taken from the financial statements of Wildhorse Co. at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land $129,076 15,372
These items are taken from the financial statements of Wildhorse Co. at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land $129,076 15,372 3,904 14,445 100,528 74.664 Insurance expense 952 Depreciation expense 6,466 Interest expense 3,172 Common stock 73.200 Retained earnings (January 1, 2022) 48,801 Retained earnings (January 1, 2022) 48,801 Accumulated depreciation-buildings 55,632 Accounts payable 11,590 Notes payable 114.192 Accumulated depreciation-equipment 22,838 Interest payable 4,392 Service revenue 17,934 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 Assets Liabilities and Stockholders' Equity
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