The following details pertain to Sunrise Manufacturing as of October 31, 2024. Prepare the statement...

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Accounting

  1. The following details pertain to Sunrise Manufacturing as of October 31, 2024. Prepare the statement of financial position:
  • Cash: ?50,000
  • Accounts Receivable: ?70,000
  • Inventory: ?40,000
  • Equipment: ?220,000
  • Accounts Payable: ?90,000
  • Long-term Debt: ?130,000
  • Common Stock: ?140,000
  • Retained Earnings: ?20,000

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