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Brief Exercise 4-04 The ledger of Crane Company contains the following balances: Owner's Capital $30,000, Owner's Drawings $2,900, Service Revenue $50,000, Salaries and Wages Expense

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Brief Exercise 4-04 The ledger of Crane Company contains the following balances: Owner's Capital $30,000, Owner's Drawings $2,900, Service Revenue $50,000, Salaries and Wages Expense $25,700, and Supplies Expense $6,800 Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) e dia Debe Credit

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