Revenues $330000 Retained earnings (1/1/22) 59000 Equipment 79000 Expenses 248000 Cash 89000 Dividends 19000 Supplies 9000 Accounts payable 39000 Accounts receivable 69000 Common stock 79000 Crane's assets on December 31, 2022 are $246000. $476000. t 477 o00

Revenues $330000 Retained earnings (1/1/22) 59000 Equipment 79000 Expenses 248000 Cash 89000 Dividends 19000 Supplies 9000 Accounts payable 39000 Accounts receivable 69000 Common stock 79000 Crane's assets on December 31, 2022 are $246000. $476000. t 477 o00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.

Question

Revenues
$330000
Retained earnings (1/1/22)
59000
Equipment
79000
Expenses
248000
Cash
89000
Dividends
19000
Supplies
9000
Accounts payable
39000
Accounts receivable
69000
Common stock
79000
Crane's assets on December 31, 2022 are
$246000.
$476000.
$177000.
$347000.
O O

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