These financial statement items are for Sandhill Company at year-end, July 31, 2020. Salaries and wages payable $2,300 Notes payable (long-term) $1,800 Salaries and wages expense 51,500 Cash 14,300...

listing the assets in order of liquidity ( balance sheet)?

Extracted text: These financial statement items are for Sandhill Company at year-end, July 31, 2020. Salaries and wages payable $2,300 Notes payable (long-term) $1,800 Salaries and wages expense 51,500 Cash 14,300 Utilities expense 23,000 Accounts receivable 10,400 Equipment 29,000 Accumulated depreciation-equipment 6,400 Accounts payable 4,700 Owner's drawings 3,200 Service revenue 60,800 Depreciation expense 4,300 Rent revenue 8,400 Owner's Capital (beginning of the year) 51,300


Extracted text: Assets 2$ $ 2$ Liabilities and Owner's Equity 2$ > >