Crane Company had the following adjusted trial balance. Crane Company Adjusted Trial Balance For the...
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Crane Company had the following adjusted trial balance. Crane Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash $3.890 Accounts Receivable 3,870 Supplies 520 Accounts Payable $1,600 Unearned Service Revenue 170 Owner's Capital 4,810 Owner's Drawings 570 Service Revenue 5.250 Salaries and Wages Expense 1,300 Miscellaneous Expense 210 Supplies Expense 1.950 Salaries and Wages Payable 480 $12.310 $12,310 Prepare closing entries at June 30, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. (To close revenue account) 2. (To dose expense accounts) 3. (To cose net income (loss)) 4. (To dose drawings)
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