Switch at December 31 2004. is presented below SWIFTY INDUSTRIES Balance Sheet December 31, 3024 Asset...

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Switch at December 31 2004. is presented below SWIFTY INDUSTRIES Balance Sheet December 31, 3024 Asset Cament Cash Accounts recebe Finished goods wartory (1230 Total curent Property, Plant, and E Equipment Le cadration $6,150 60270 19,400 54,100 $32.800 1.200 3400 Total t $40,700 Labt and Stockholders' Equity Accounts payable Stockholder Equity Common stock Ritained in T Tal and they ted data for the year 2025 include the following $20,500 36.900 57.400 $32.000 20:500 53300 $130,700 2025 Quarter 4 Sludge, 400$32) $211.300 Direct 1140 51.350 Direct labor 10,250 4173 Manufacturing overhead applied 0,300 39452 1470 Torquints and to have 2050 ans of friched goods on harda December 31, 2005, the production budget how 7.30 required units of output. The total cost of production expected to Switty the FIFO) wentory coding method Interest expenspected to be $270 for the year. Income taxes are expected to be 20% of income before income in 2025. the company expects to declare and gaan $6560 cash dividend of $11,688 at December 31, 2025 The coach budget shows an expected and purcha accountsxxpected that 60% of quarterly sales are collected inch within the quarter and the remainder is collected in the following quarter. Direct materials purchased from supplies are paid 50% in the quater incurred and the remainder in the following Puchhuthter were the same theaters 2025the compact touch additional equipmentting $7,300 total of $3,290 at depreciation expense on equipment is incluated in the budget data and benefacturing overhead and selling and distrative presSwifty expects to $6,500 on the outstanding payable balance plan all interest due and payable to December 31ncluded in intrat pe $2.00 above Accounts payable at December 31, 2025 include parabolother accounts payable relating to $5,904 Updatecember 31 wil be $-4300 of Prepare a budgeted classified balance sheet at December 31, 2025. (List Current Assets in order of liquidity) Current Assets Cash Accounts Receivable Finished Goods Inventory Total Current Assets Property Plant and Equipment Equipment Less Accumulated Depreciation Liabilities Accounts Payable Total Current Liabilities SWIFTY INDUSTRIES Budgeted Balance Sheet December 31, 2025 Assets Liabilities and Stockholders' Equity $ $ Switch at December 31 2004. is presented below SWIFTY INDUSTRIES Balance Sheet December 31, 3024 Asset Cament Cash Accounts recebe Finished goods wartory (1230 Total curent Property, Plant, and E Equipment Le cadration $6,150 60270 19,400 54,100 $32.800 1.200 3400 Total t $40,700 Labt and Stockholders' Equity Accounts payable Stockholder Equity Common stock Ritained in T Tal and they ted data for the year 2025 include the following $20,500 36.900 57.400 $32.000 20:500 53300 $130,700 2025 Quarter 4 Sludge, 400$32) $211.300 Direct 1140 51.350 Direct labor 10,250 4173 Manufacturing overhead applied 0,300 39452 1470 Torquints and to have 2050 ans of friched goods on harda December 31, 2005, the production budget how 7.30 required units of output. The total cost of production expected to Switty the FIFO) wentory coding method Interest expenspected to be $270 for the year. Income taxes are expected to be 20% of income before income in 2025. the company expects to declare and gaan $6560 cash dividend of $11,688 at December 31, 2025 The coach budget shows an expected and purcha accountsxxpected that 60% of quarterly sales are collected inch within the quarter and the remainder is collected in the following quarter. Direct materials purchased from supplies are paid 50% in the quater incurred and the remainder in the following Puchhuthter were the same theaters 2025the compact touch additional equipmentting $7,300 total of $3,290 at depreciation expense on equipment is incluated in the budget data and benefacturing overhead and selling and distrative presSwifty expects to $6,500 on the outstanding payable balance plan all interest due and payable to December 31ncluded in intrat pe $2.00 above Accounts payable at December 31, 2025 include parabolother accounts payable relating to $5,904 Updatecember 31 wil be $-4300 of Prepare a budgeted classified balance sheet at December 31, 2025. (List Current Assets in order of liquidity) Current Assets Cash Accounts Receivable Finished Goods Inventory Total Current Assets Property Plant and Equipment Equipment Less Accumulated Depreciation Liabilities Accounts Payable Total Current Liabilities SWIFTY INDUSTRIES Budgeted Balance Sheet December 31, 2025 Assets Liabilities and Stockholders' Equity $ $