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Given the following account information for Crane Corporation 61,000 2,300 620 ? Equipment Interest Expense Interest Payable Retained Earnings Dividends Land Accounts Receivable Bonds Payable
Given the following account information for Crane Corporation
61,000 2,300 620 ? Equipment Interest Expense Interest Payable Retained Earnings Dividends Land Accounts Receivable Bonds Payable Notes Payable (due in 6 months) Common Stock Accumulated Depreciation - Equipment Prepaid Advertising Service Revenue Buildings Supplies Income Taxes Payable Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr. - Building Cash Depreciation Expense 34,170 139,000 105,000 75,000 29,000 68,000 12,000 5,200 330,000 81,000 2,000 2,900 1,300 1,400 50,000 850 15,500 43,000 8,500 Prepare a balance sheet in report form for the company as of December 31, 2020. All accounts have normal balances. (List Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.)Step by Step Solution
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