a) Prepare a classified balance sheet at December 31, 2021

URCES The adjusted trial balance for Crane's Animations is presented below. CRANE COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $3,300 Accounts receivable 4,800 Prepaid expenses 2,700 Equipment 46,000 Accumulated depreciation equipment $17,250 Accounts payable 5,400 Unearned revenue 9,800 M. Crane, capital 23,500 M. Crane, drawings 19,000 Service revenue 62,100 Rent expense 9,300 Salaries expense 25,300 Supplies expense 1,900 Depreciation expense 5,750 $118,050 $118,050 Study (al) Prepare an income statement for the year. Mr. Crane invested $5,200 cash in the business during the year. (Enter negati -45 or parentheses e.g. (45).) ht Privacy Policy Inn