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The following accounts appeared on the trail balance of Crane Company at December 31, 2020. Notes Payable (short-term) $195,000 $580,000 Accounts Receivable Prepaid Insurance Accumulated
The following accounts appeared on the trail balance of Crane Company at December 31, 2020. Notes Payable (short-term) $195,000 $580,000 Accounts Receivable Prepaid Insurance Accumulated Depreciation - Bldg. 710,000 50,000 Supplies 1,225,000 38,000 29,000 Common Stock Unappropriated Retained Earnings Salaries and Wages Payable 280,000 Debt Investments (long-term) 260,000 Inventory 1.480,250 Cash 180,000 Land 450,000 1,000,000 Trading Securities 77.000 Bonds Payable Due 1/1/2028 Allowance for Doubtful Accts. 7,300 5.400 Interest Payable Buildings 185,000 1,300,000 Copyrights Notes Receivable (due in 6 months) Income Taxes Payable 130.000 Accounts Payable 420,000 165,000 Additional Pald-in Capital 190.000 Preferred Stock 800,000 Appropriated Retained Earnings 300.000 Compute each of the following: $ 2397950 1. Total current assets $ 2. 1040000 Total property, plant, and equipment 3. Total assets $ 4013450 4. Total current liabilities $ ta 14.00 5. Total stockholders' equity $
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