This is the trial balance of Crane Company on September 30. Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Oct. 5 10 15 The October transactions were as follows. (a) 17 Crane Company Trial Balance September 30, 2025 Debit $23,470 6,870 4,520 10,420 20 29 31 $45,280 Credit $9,070 3,520 19,270 13,420 $45,280 Received $1,480 in cash from customers for accounts receivable due. Billed customers for services performed $5,990. Paid employee salaries $1,080. Performed $580 of services in exchange for cash. Paid $1,940 to creditors for accounts payable due. Paid a $340 cash dividend. Paid utilities $380. Prepare a general ledger using T-accounts. Enter the opening balances in the ledger accounts as of October 1. Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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This is the trial balance of Crane Company on September 30.
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Unearned Service Revenue
Common Stock
Retained Earnings
Crane Company
Trial Balance
September 30, 2025
Oct. 5
10
15
17
20
29
31
(a)
The October transactions were as follows.
Debit
$23,470
6,870
4,520
10,420
eTextbook and Media
$45,280
List of Accounts
Credit
$9,070
3,520
19,270
Received $1,480 in cash from customers for accounts receivable due.
Billed customers for services performed $5,990.
Paid employee salaries $1,080.
Performed $580 of services in exchange for cash.
Paid $1,940 to creditors for accounts payable due.
Paid a $340 cash dividend.
Paid utilities $380.
13,420
$45,280
Prepare a general ledger using T-accounts. Enter the opening balances in the ledger accounts as of October 1.
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Unearned Service Revenue
Common Stock
Retained Earnings
Transcribed Image Text:This is the trial balance of Crane Company on September 30. Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Crane Company Trial Balance September 30, 2025 Oct. 5 10 15 17 20 29 31 (a) The October transactions were as follows. Debit $23,470 6,870 4,520 10,420 eTextbook and Media $45,280 List of Accounts Credit $9,070 3,520 19,270 Received $1,480 in cash from customers for accounts receivable due. Billed customers for services performed $5,990. Paid employee salaries $1,080. Performed $580 of services in exchange for cash. Paid $1,940 to creditors for accounts payable due. Paid a $340 cash dividend. Paid utilities $380. 13,420 $45,280 Prepare a general ledger using T-accounts. Enter the opening balances in the ledger accounts as of October 1. Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings
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