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Exercise 1-08 The following information is available for Crane Company $6,310 * 3,880 Accounts receivable $3,300 Accounts payable 4,100 Interest payable 580 Salaries and wages

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Exercise 1-08 The following information is available for Crane Company $6,310 * 3,880 Accounts receivable $3,300 Accounts payable 4,100 Interest payable 580 Salaries and wages expense 4,900 Notes payable 31,500 Common stock 50,400 Inventory 2,940 Cash Supplies Unearned service revenue Service revenue Salaries and wages payable Depreciation expense Equipment (net) 42,100 850 600 109,800 Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity.) Crane Company 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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