Presented below is the comparative balance sheet for Crane Company. (a) Prepare a comparative balance...
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Accounting
Presented below is the comparative balance sheet for Crane Company. (a) Prepare a comparative balance sheet of Crane Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25\%.) CRANE COMPANY Comparative Balance Sheet December 31,2021 and 2020 December 31 Cash $181,200 %$272,700 % Accounts receivable (net) %156,300 % Short-term investments %151,400 % Inventories 1,053,800 %989,300 % Prepaid expenses 25,100 %25,100 % Plant and equipment %1,935,600 % % Liabilities and Stockholders' Equity Accounts payable %$74,300 % Accrued expenses %201,900 % Bonds payable %189,200 % Capital stock 2,097,100 %1,767,500 % Retained earnings Total $3,337,300 %$2,775,900 %
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