The following information is available for Crane Company Accounts receivable $3,300
Accounts payable 4,100
Interest payable 580
Salaries and wages expense 4,900
Notes payable 31,500
Common stock 50,400
Inventory 2,940
Cash $6,310
Supplies 3,880
Unearned service revenue 820
Service revenue 42,100
Salaries and wages payable 850
Depreciation expense 600
Equipment (net) 109,800
Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity

Crane Company

Balance Sheet

As of December 31, 2022:

Assets

Current Assets:

Cash                           $6,310

Accounts receivable   3,300

Supplies                       3,880

Inventory                     2,940

Total current assets                $16,430

Long-term Assets:

Equipment (net)                      109,800

Total assets                          $126,230

Liabilities and Equity

Current Liabilities:

Accounts payable                     4,100

Interest payable                          580

Salaries and wages payable      850

Unearned service revenue        820

Total current liabilities          $6,350

Long-term Liabilities:

Notes payable                       31,500

Total liabilities                    $37,850

Equity:

Common stock       50,400

Retained Earnings 37,980

Total equity                      $88,380

Total liabilities + equity  $126,230

Explanation:

a) Data and Calculations:

Trial Balance

Cash                             $6,310

Accounts receivable     3,300

Supplies                         3,880

Inventory                       2,940

Equipment (net)        109,800

Depreciation expense    600

Salaries & wages exp. 4,900

Accounts payable                         $4,100

Interest payable                                580

Salaries and wages payable            850

Unearned service revenue              820

Notes payable                               31,500

Common stock                            50,400

Service revenue                           42,100

Retained earnings                          1,380

Totals                       $131,730   $131,730

Beginning Retained Earnings $1,380

Net income                             36,600

Ending Retained earnings   $37,980

Income Statement for the year ended December 31, 2022:

Service revenue                     $42,100

Depreciation expense                  600

Salaries and wages expense    4,900

Total expenses                        $5,500

Net income                            $36,600

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.