These items are taken from the financial statements of Sunland Company at December 31, 2022....
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Accounting
These items are taken from the financial statements of Sunland Company at December 31, 2022. Buildings $122,728 Accounts receivable 14,616 Prepaid insurance 3,712 Cash 13,734 95,584 Equipment 70,992 Land 905 Insurance expense 6,148 Depreciation expense 3.016 Interest expense 69,600 Common stock 46,400 Retained earnings (January 1, 2022) 52.896 inn huildings Insurance expense 905 Depreciation expense 6,148 Interest expense 3,016 Common stock 69,600 Retained earnings (January 1, 2022) 46,400 Accumulated depreciation-buildings 52,896 11.020 Accounts payable 108,576 Notes payable 21,715 Accumulated depreciation equipment 4,176 Interest payable 17.052 Service revenue Prepare a classified balance sheet. Assume that $15,776 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.) O hore to search SUNLAND COMPANY Balance Sheet Assets H Liabilities and Stockholders' Equity
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