Sunland Company Balance Sheet - For the year ended december 31, 2022 operating activities: Sunland uses the perpetual inventory method. Web sunland company balance sheet december 31, 2021 cash $13,010 20,600 accounts payable common stock $8,310 18,500 accounts receivable allowance for doubtful accounts (850) retained earnings 15,710 inventory 9,760 $42,520 $42,520 during january 2022, the following transactions occurred. Par value of preferred stock issued in 2022 $ 129,000. Total common stock $ 522,000. 11800 decrease in income tax payable (amounts in thousands.) sunland company balance sheets december 31 2022 2021 current assets cash and cash equivalents $330 $360 accounts receivable (net) 550 480 inventory 500 430 prepaid expenses 120 160 total current assets. The condensed financial statements of sunland company for the years 2021 and 2022 are presented as follows. Sunland uses the perpetual inventory method. Web sunland company balance sheet december 31, 2022 cash and cash equivalents $72000 accounts payable $128000 accounts receivable 101000 salaries and wages payable 12000 inventory 142000 bonds payable 180000 prepaid insurance 89000 total liabilities $320000 stock investments 183000 land 185000 buildings $203000 common stock $198000 less.
Sunland uses the perpetual inventory method. Adjustments to reconcile net income to operating cash flows: Prepare the current assets section of the balance sheet listing the items in the proper sequence. Common stock balance at dec 31, 2021 $ 393,000. Web sunland company balance sheet december 31, 2022 cash and cash equivalents $72000 accounts payable $128000 accounts receivable 101000 salaries and wages payable 12000 inventory 142000 bonds payable 180000 prepaid insurance 89000 total liabilities $320000 stock investments 183000 land 185000 buildings $203000 common stock $198000 less. 11800 decrease in income tax payable Web the stockholders' equity section of sunland company's december 31, 2022 balance sheet can be prepared as follows: Web sunland company balance sheet december 31, 2021 cash $13,010 20,600 accounts payable common stock $8,310 18,500 accounts receivable allowance for doubtful accounts (850) retained earnings 15,710 inventory 9,760 $42,520 $42,520 during january 2022, the following transactions occurred. The condensed financial statements of sunland company for the years 2021 and 2022 are presented as follows. Balance at dec 31, 2021 $ 107,500. Sunland company has been operating for several years, and on december 31, 2020, presented the following balance sheet. Web sunland company balance sheet december 31, 2021 accounts payable $13,010 $8,310 cash 20,600 common stock 18,500 accounts receivable retained earnings (850) 15,710 allowance for doubtful accounts 9,760 inventory $42,520 $42,520 during january 2022, the following transactions occurred. (amounts in thousands.) sunland company balance sheets december 31 2022 2021 current assets cash and cash equivalents $330 $360 accounts receivable (net) 550 480 inventory 500 430 prepaid expenses 120 160 total current assets. Par value of preferred stock issued in 2022 $ 129,000. For the year ended december 31, 2022 operating activities: $90,100 common stock ($1 par): Sunland company balance sheet december 31, 2020. Total common stock $ 522,000. Web a list of financial statement items for sunland company includes the following: Sunland uses the perpetual inventory method.