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You are provided with the following information for wildhorse co., effective as of its April 30, 2022, year-end. You are provided with the following information
You are provided with the following information for wildhorse co., effective as of its April 30, 2022, year-end.
You are provided with the following information for Wildhorse Co., effective as of its April 30, 2022 year-end. $ 848 880 670 1,320 16,600 1.030 350 325 2.510 1,400 160 140 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 290 600 1.010 14.220 3,500 4.100 62 70 1,400 900 245 6,300 1,800 WILDHORSE CO. Income Statement Prepare a retained earnings statement for Wildhorse Co. for the year ended April 30, 2022. (List items that increase retained earnings first.) WILDHORSE CO. Retained Earnings Statement Prepare a classified balance sheet for Wildhorse Co as of April 30, 2022. (List Current Assets in order of liquidity) WILDHORSE CO. Balance Sheet Assets $ $ Liabilities and Stockholders' Equity Step by Step Solution
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