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Crane is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022. Services
Crane is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022. Services revenues (from camping fees) $130,000 Dividends Sales revenues (from general store) 26,000 Notes payable Accounts payable 12,800 Administrative expenses Cash 14,200 Supplies Equipment 109,000 Common stock Retained earnings (1/1/2022) $7,200 64,000 138,800 3,100 34,000 5,500 (62) Prepare a balance sheet for Crane as of December 31, 2022. (List Assets in order of liquidity.) CRANE Balance Sheet ASSETS $ LIABILITIES AND STOCKHOLDERS' EQUITY $ $ $ Click if you would like to Show Work for this question: Open Show Work
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