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Wildhorse Company had the following account balances on December 31, 2022. Retained earnings $ 56,700 Common stock $ 78,300 Notes payable 18,100 Interest payable 5,400
Wildhorse Company had the following account balances on December 31, 2022.
Retained earnings | $ 56,700 | Common stock | $ 78,300 | |||
---|---|---|---|---|---|---|
Notes payable | 18,100 | Interest payable | 5,400 | |||
Bonds payable | 27,100 | Accounts payable | 10,400 |
Prepare the liability and stockholders equity section of a classified balance sheet in good form as of December 31, 2022. Assume that $ 5,100 of the note payable will be paid during 2023.
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