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You are provided with the following information for Wildhorse Co., effective as of its April 30, 2022, year-end. Accounts payable $862 900 Accounts receivable Accumulated
You are provided with the following information for Wildhorse Co., effective as of its April 30, 2022, year-end. Accounts payable $862 900 Accounts receivable Accumulated depreciation-equipment 680 Cash 1,240 Common stock 17,400 Cost of goods sold 1,010 Depreciation expense 370 Dividends 300 Equipment 2,530 1,700 Goodwill Income tax expense 175 Income taxes payable 150 Insurance expense 310 Interest expense 420 1,010 Inventory Investment in land 13,950 Land 3,300 Mortgage payable (long-term) 3,100 Notes payable (short-term) 63 Prepaid insurance 70 Retained earnings (beginning) 1,900 Salaries and wages expense 650 Salaries and wages payable 280 Sales revenue 4,900 Stock investments (short-term) 1,400 Prepare a classified balance sheet for Wildhorse Co. as of April 30, 2022. (List Current Assets in order of liquidity.) WILDHORSE co. Balance Sheet For the Month Ended April 30, 2022 Assets $ $ $ $ Liabilities and Stockholders' Equity $
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