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The following items and amounts were taken from Crane Company's 2022 income statement and balance sheet. Cash $ 84,800 Accounts receivable $ 89,300 Retained earnings
The following items and amounts were taken from Crane Company's 2022 income statement and balance sheet. Cash $ 84,800 Accounts receivable $ 89,300 Retained earnings 122.900 Sales revenue 580,500 Cost of goods sold 437,300 Notes payable 6,500 Salaries and wages expense 115,700 Accounts payable 52,100 Prepaid insurance 7,800 Service revenue 4.900 Inventory 65,000 Interest expense 1,860 In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. Cash Retained earnings Cost of goods sold $
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