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-/10 Question 1 of 15 View Policies Current Attempt in Progress Here are incomplete financial statements for Crane, Inc Calculate the missing amounts. CRANE, INC.
-/10 Question 1 of 15 View Policies Current Attempt in Progress Here are incomplete financial statements for Crane, Inc Calculate the missing amounts. CRANE, INC. Balance Sheet Assets Liabilities and Stockholders' Equity Cash $5.500 Liabilities Inventory 11,000 Accounts payable Buildings 42,000 Stockholders' equity Common stock Retained earnings Total assets $58,500 Total liabilities and stockholders' equity $5,000 $58.500 $77,500 Income Statement Revenues Cost of goods sold Administrative expenses Net Income 9.400 $11,200 Retained Earnings Statement Beginning retained earnings Net income Dividends Ending retained earnings 5,300 $23,600 Save for Later Attempts: 0 of 1 used Submit Answer Current Attempt in Progress Wayne Holtz is the bookkeeper for Blossom Company. Wayne has been trying to get the balance sheet of Blossom Company to balance, It finally balanced, but now he's not sure it is correct. Blossom Company Balance Sheet December 31, 2022 Liabilities and Stockholders' Equity Cash $16.100 Accounts payable $16,900 Supplies 9.400 Accounts receivable (12.900) Equipment 43.500 Common stock 48.000 Dividends 7.300 Retained earnings 24.300 Total assets $76,300 Total liabilities and stockholders' equity $76.300 Assets Prepare a correct balance sheet. (List assets in order of liquidity.) BLOSSOM COMPANY Balance Sheet Assets Liabilities and Stockholders' Equity
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