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These financial statement items are for Crane Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due 2024) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $2,510 51,800 22,100 22,900 4,000 61,000 8,100 1,800 15,500 21,900 12,520 5,600 5,000 4,100 41,810

These financial statement items are for Crane Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due 2024) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $2,510 51,800 22,100 22,900 4,000 61,000 8,100 1,800 15,500 21,900 12,520 5,600 5,000 4,100 41,810

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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These financial statement items are for Crane Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due 2024) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) Need a balance sheet for this info. $2,510 51,800 22,100 22,900 4,000 61,000 8,100 1,800 15,500 21,900 12,520 5,600 5,000 4,100 41,810
Transcribed Image Text:These financial statement items are for Crane Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due 2024) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) Need a balance sheet for this info. $2,510 51,800 22,100 22,900 4,000 61,000 8,100 1,800 15,500 21,900 12,520 5,600 5,000 4,100 41,810
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