Business, 01.03.2021 22:10 yvngtazz

Presented below are a number of balance sheet items for Sheridan, Inc. for the current year, 2020. Goodwill $128,160 Accumulated Depreciation-Equipment $292,390
Payroll Taxes Payable 180,751 Inventory 242,960
Bonds payable 303,160 Rent payable (short-term) 48,160
Discount on bonds payable 15,390 Income taxes payable 101,522
Cash 363,160 Rent payable (long-term) 483,160
Land 483,160 Common stock, $1 par value 203,160
Notes receivable 448,860 Preferred stock, $10 par value 153,160
Notes payable (to banks) 268,160 Prepaid expenses 91,080
Accounts payable 493,160 Equipment 1,473,160
Retained earnings ? Debt investments (trading) 124,160
Income taxes receivable 100,790 Accumulated Depreciation-Buildings 270,590
Notes payable (long-term) 1,603,160 Buildings 1,643,160

Required:
Prepare a classified balance sheet in good form.

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Presented below are a number of balance sheet items for Sheridan, Inc. for the current year, 2020....