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Presented below is the comparative balance sheet for Crane Company. Prepare a comparative balance sheet of Crane Company showing the percent each item is of
Presented below is the comparative balance sheet for Crane Company. Prepare a comparative balance sheet of Crane Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25\%.) CRANE COMPANY Comparative Balance Sheet December 31,2021 and 2020 December 31 Liabilities and Stockholders' Equity Accounts payable $49,500 %$74,300 2.67% Accrued expenses 169,100 %201,900 7.27% Bonds payable 447,000 %189,200 6.82% \begin{tabular}{ll|l|lll} Capital stock & 2,097,100 & 62.84 & % & 1,767,500 & 63.68 \\ \hline \end{tabular} Retained earnings Total % Prepare a comparative balance sheet of Crane Company showing the dollar change and the percent change for each item. (If there is a decrease from 2020 to 2021 , then enter the amounts and percentages with either a negative sign, i.e. 92,000, 25.25 or parenthesis, i.e. (92,000), (25.25).) CRANE COMPANY Comparative Balance Sheet December 31, 2021 and 2020 \begin{tabular}{lccc|} & \multicolumn{2}{c}{ December 31} & Increase \\ \cline { 2 - 4 } \multicolumn{1}{c}{ Assets } & 2021 & 2020 & \$Change \\ \cline { 2 - 5 } Cash & $181,200 & $272,700 & \\ Accounts \\ receivable (net) \end{tabular} % % % % % Liabilities and Stockholders' Equity Accountspayable$49,500$74,300$ % \begin{tabular}{ll|l|l|} Accrued \\ expenses & 169,100 & 201,900 & % \\ \hline \end{tabular} Bonds payable 447,000 % Capital stock 2,097,100 % Retained earnings Total % %
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