Given the following account information for Crane Corporation. Equipment Interest Expense Interest Payable Retained Earnings Dividends...
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Given the following account information for Crane Corporation. 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 61,000 2,600 640 39,310 135,000 100,000 77,000 29,000 70,000 11,000 5,100 330,000 82,000 1,800 2,800 1,500 Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr.- Building Cash Depreciation Expense 1,500 1,600 53,000 870 14,500 45,000 7,900 Prepare a balance sheet in report form for the company as of December 31, 2025. All accounts have normal balances. (List Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Equipment.) Given the following account information for Crane Corporation. 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 61,000 2,600 640 39,310 135,000 100,000 77,000 29,000 70,000 11,000 5,100 330,000 82,000 1,800 2,800 1,500 Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depr.- Building Cash Depreciation Expense 1,500 1,600 53,000 870 14,500 45,000 7,900 Prepare a balance sheet in report form for the company as of December 31, 2025. All accounts have normal balances. (List Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Equipment.)
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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