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Prepare the remaining closing entries at December

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Reference no: EM132528915

Question - Crane Company shows the following balances in selected accounts of its adjusted trial balance.

Supplies $23,680

Supplies Expense 4,440

Accounts Receivable 8,880

Dividends 16,280

Retained Earnings 51,800

Service Revenue 79,920

Salaries and Wages Expense 29,600

Utilities Expense 5,920

Rent Expense 13,320

Required - Prepare the remaining closing entries at December 31.

Reference no: EM132528915

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