Listed below in alphabetical order are the balance sheet items of Crane Company at December 31, 2022. Accounts payable $12,700 Accounts receivable 14,300 Buildings 63,000 Cash 12,400 Common stock 72,000 Equipment 9,400 Land 30,500 Retained earnings 44,900 Prepare a balance sheet and include a complete heading.
Listed below in alphabetical order are the balance sheet items of Crane Company at December 31, 2022. Accounts payable $12,700 Accounts receivable 14,300 Buildings 63,000 Cash 12,400 Common stock 72,000 Equipment 9,400 Land 30,500 Retained earnings 44,900 Prepare a balance sheet and include a complete heading.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Transcribed Image Text:Listed below in alphabetical order are the balance sheet items of Crane Company at December 31, 2022.
Accounts payable
$12,700
Accounts receivable
14,300
Buildings
63,000
Cash
12,400
Common stock
72,000
Equipment
9,400
Land
30,500
Retained earnings
44,900
Prepare a balance sheet and include a complete heading.
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