ACCountS payabieDOɔ,JUUAccounts receivable72,500Cash47,000Common stock36,000Prepare a balance sheet. (List Current Assets in order of liquidity.Cheyenne Corp.Balance SheetDecember 31, 2019Assets242$Liabilities and Stockholders' Equity242$ Brief Exercise 1-10In alphabetical order below are balance sheet items for Cheyenne Corp. at December 31, 2019.Accounts payable$83,500Accounts receivable72,500Cash47,000Common stock36,000Prepare a balance sheet. (List Current Assets in order of liquidity.)Cheyenne Corp.Balance SheetDecember 31, 2019Assets$4Liabilities and Stockholders' Equity$4

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ACCOUTLS payavie Accounts receivable 72,500 Cash 47,000 Common stock 36,000 Prepare a balance sheet. (List Current Assets in order of liquidity. Cheyenne Corp. Balance Sheet December 31, 2019 Assets 24 24 Liabilities and Stockholders' Equity 24

ACCOUTLS payavie Accounts receivable 72,500 Cash 47,000 Common stock 36,000 Prepare a balance sheet. (List Current Assets in order of liquidity. Cheyenne Corp. Balance Sheet December 31, 2019 Assets 24 24 Liabilities and Stockholders' Equity 24

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

ACCountS payabie
DOɔ,JUU
Accounts receivable
72,500
Cash
47,000
Common stock
36,000
Prepare a balance sheet. (List Current Assets in order of liquidity.
Cheyenne Corp.
Balance Sheet
December 31, 2019
Assets
24
2$
Liabilities and Stockholders' Equity
24
2$

Brief Exercise 1-10
In alphabetical order below are balance sheet items for Cheyenne Corp. at December 31, 2019.
Accounts payable
$83,500
Accounts receivable
72,500
Cash
47,000
Common stock
36,000
Prepare a balance sheet. (List Current Assets in order of liquidity.)
Cheyenne Corp.
Balance Sheet
December 31, 2019
Assets
$4
Liabilities and Stockholders' Equity
$4

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