Return to Blackboard Kimmel, Financial Accounting Se Helo I System Announcements Brief Exercise 1-5 In alphabetical order below are balance sheet items for Waterway Industries at December 31, 2017 Accounts peyable Accounts recelvable 87,100 95,140 Common stock Retained earnings 24,120 13,400 Prepare a balance sheet. (List assets in order of iquidity.) ercise 1-9 Liabilities and Stockholders Equity esuits by Study LIST OF ACEOUNTS Q Search or enter website name 7 6 Solution Prepare Balance sheet :Total AssetsCash29480Account receivable95140Total Assets124620Total Liabilities and stockholder\'s equityLiabilitiesAccount payable87100Shareholder\'s equityCommon stock24120Retained earnings1340037520Total Liabilities and stockholder\'s equity124620.