Question 2 of 6
Current Attempt in Progress
Presented below is selected information related to Sheridan Company at December 31. Sheridan reports financial information
monthly.
Accounts Payable
Cash
Advertising Expense
Service Revenue
Equipment
Salaries and Wages Expense
Notes Payable
(a)
Total assets
$4,200
9,100
$
8,400
74,900
40,600
23,100
35,000
Determine the total assets of Sheridan Company at December 31.
Rent Expense
Accounts Receivable
Owner's Drawings
Net cash provided by operating activities.
Net cash consumed by investing activities
Net cash provided by financing activities
$14,700
18,900
10,500
20,440
(19,320)
3,080
