Ask Question
6 June, 06:32

In alphabetical order below are balance sheet items for Swifty Corporation at December 31, 2019. Accounts payable $86,500 Accounts receivable 70,500 Cash 49,000 Common stock 33,000 Prepare a balance sheet. (List Current Assets in order of liquidity.)

+3
Answers (1)
  1. 6 June, 07:51
    0
    The preparation of the balance sheet for Swifty Corporation on December 31, 2019 is presented below

    Swifty Corporation

    Balance sheet

    On December 31, 2019

    Assets

    Cash $49,000

    Accounts receivable $70,500

    Total Assets $119,500

    Liabilities And Stockholder's Equity

    Liabilities

    Account payable $86,500

    Stockholder Equity

    Common stock $33,000

    Total liabilities

    and stockholders equity $119,500
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In alphabetical order below are balance sheet items for Swifty Corporation at December 31, 2019. Accounts payable $86,500 Accounts ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers