The following is a list of accounts, in alphabetical order, for Crane Ltd. at December 31, 2024. All accounts have a normal balance. Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Deferred revenue Depreciation expense Dividends declared Equipment $3,900 8,900 6,400 24,400 9,800 4,600 4,400 6,900 14,800 Income tax expense Office expense Rent expense Retained earnings Salaries expense Salaries payable Service revenue Supplies Supplies expense Assets $ $1,220 6,800 4,400 $ 26,320 11,500 5,400 36,400 CRANE LTD. Statement of Financial Position 5,900 3,600 Liabilities and Shareholders' Equity $
The following is a list of accounts, in alphabetical order, for Crane Ltd. at December 31, 2024. All accounts have a normal balance. Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Deferred revenue Depreciation expense Dividends declared Equipment $3,900 8,900 6,400 24,400 9,800 4,600 4,400 6,900 14,800 Income tax expense Office expense Rent expense Retained earnings Salaries expense Salaries payable Service revenue Supplies Supplies expense Assets $ $1,220 6,800 4,400 $ 26,320 11,500 5,400 36,400 CRANE LTD. Statement of Financial Position 5,900 3,600 Liabilities and Shareholders' Equity $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The following is a list of accounts, in alphabetical order, for Crane Ltd. at December 31, 2024. All accounts have a normal balance.
Accounts payable
Accounts receivable
Accumulated depreciation-equipment
Cash
Common shares
Deferred revenue
Depreciation expense
Dividends declared
Equipment
$3,900
8,900
6,400
24,400
9,800
4,600
4,400
6.900
14,800
<
Income tax expense
Office expense
Rent expense
Retained earnings
Salaries expense
Salaries payable
Service revenue
Supplies
Supplies expense
Assets
$1,220
ta
6,800
S
4,400
26.320
11,500
5,400
36.400
CRANE LTD.
Statement of Financial Position
5,900
3,600
Liabilities and Shareholders' Equity
$
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