Question
In alphabetical order below are balance sheet items for Crane Company at December 31, 2022. Accounts payable $62,000 Accounts receivable 68,500 Cash 27,500 Common stock
In alphabetical order below are balance sheet items for Crane Company at December 31, 2022.
Accounts payable | $62,000 | |
Accounts receivable | 68,500 | |
Cash | 27,500 | |
Common stock | 19,000 | |
Retained earnings | 15,000 |
Prepare a balance sheet. (List assets in order of liquidity.)
CRANE COMPANY Balance Sheet choose the accounting period For the Month Ended December 31, 2022For the Year Ended December 31, 2022December 31, 2022 | ||||||
Assets | ||||||
---|---|---|---|---|---|---|
enter a balance sheet account title | $enter a dollar amount | |||||
enter a balance sheet account title | enter a dollar amount | |||||
select a closing name for section one Total AssetsStockholders' EquityTotal Stockholders' EquityLiabilitiesProperty, Plant and EquipmentTotal Long-Term InvestmentsTotal Intangible AssetsCurrent AssetsIntangible AssetsTotal Current AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Property, Plant and EquipmentLong-Term InvestmentsLong-Term LiabilitiesTotal Long-Term Liabilities | $enter a total amount for section one | |||||
Liabilities and Stockholders' Equity | ||||||
select an opening name for section two Total Liabilities and Stockholders' EquityTotal Intangible AssetsTotal Current AssetsLong-Term LiabilitiesIntangible AssetsProperty, Plant and EquipmentLong-Term InvestmentsTotal Long-Term LiabilitiesTotal AssetsTotal LiabilitiesCurrent AssetsTotal Long-Term InvestmentsLiabilitiesStockholders' EquityTotal Stockholders' EquityTotal Property, Plant and Equipment | ||||||
enter a balance sheet account title | $enter a dollar amount | |||||
select an opening name for section three Total LiabilitiesLong-Term LiabilitiesIntangible AssetsStockholders' EquityLong-Term InvestmentsTotal Intangible AssetsTotal AssetsTotal Property, Plant and EquipmentCurrent AssetsTotal Long-Term LiabilitiesTotal Long-Term InvestmentsProperty, Plant and EquipmentTotal Current AssetsLiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' Equity | ||||||
enter a balance sheet account title | $enter a dollar amount | |||||
enter a balance sheet account title | enter a dollar amount | |||||
enter a subtotal amount for section three | ||||||
select a closing name for sections two and three Property, Plant and EquipmentTotal Stockholders' EquityTotal Liabilities and Stockholders' EquityTotal Long-Term LiabilitiesStockholders' EquityTotal Long-Term InvestmentsLiabilitiesTotal Current AssetsTotal Property, Plant and EquipmentTotal Intangible AssetsTotal AssetsTotal LiabilitiesLong-Term InvestmentsIntangible AssetsLong-Term LiabilitiesCurrent Assets | $enter a total amount for sections two and three |
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