The following information is available for Sunland Inc.
tableAccounts receivable,$Cash,$Accounts payable,Supplies,Interest payable,Unearned service revenue,Salaries and wages expense,Salaries and wages payable,Notes payable,Depreciation expense,Common stock,Equipment netInventory
Using the information above, prepare a balance sheet as of December Hint: Solve for the missing retained earnings amount after first determining total assets and total liabilities.List assets in order of liquidity.
