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ada Crane Company has the following balances in selected accounts Accounts Receivable $ 0 Accumulated Depreciation-Equipment 0 Equipment 6,100 Interest Payable 0 Notes Payable 6,600

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ada Crane Company has the following balances in selected accounts Accounts Receivable $ 0 Accumulated Depreciation-Equipment 0 Equipment 6,100 Interest Payable 0 Notes Payable 6,600 Prepaid Insurance 2.124 Salaries Payable 0 Supplies 2540 Unearned Revenue 32,200 All the accounts have normal balances. The information below has been gathered at December 31, 2021 1 Crane Company borrowed $6.600 by signing a 4%, one-year note on September 1, 2021 2 A count of supplies on December 31, 2021, indicates that supplies of $990 are on hand Donnerstinn the enuinment for 2021 is $770 6. Crane performed consulting services for a client in December 2021. The client will be billed $3,900. Payment from customer is expected on January 14, 2022. Crane Company pays its employees total salaries of $8,600 every Wednesday for the preceding five-day week (Mon through Friday).On Wednesday, January 5, 2022, employees were paid for the last five weekdays of 2021. 7. Prepare adjusting entries for the seven items described above. (Credit account titles are automatically indented when the amo entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Date Account Titles and Explanation Debit Credit 1 Dec. 31 2. Dec. 31 3. Dec. 31 4. Dec. 31 5. Dec 31 6. Dec 31 7. Dec. 31

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