CRANE COMPANY Adjusted Trial Balance December 31, 2021 Account No. 101 112 126 130 157 158 200 201 212 Adjusted Trial Balance Dr. Cr. $5,700 10,300 2,500 1,800 28,100 $5,400 15,700 7,100 2,800 510 11,000 6,300 62,000 8,800 4,200 5,400 3,300 27,600 510 $104,510 $104,510 Account Titles Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation equipment Notes payable Accounts payable Salaries payable Interest payable D. Crane, capital D. Crane, drawings Service revenue Advertising expense Supplies expense Depreciation expense Insurance expense Salaries expense Interest expense Totals 230 301 306 400 610 631 711 722 726 905 Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue accounts) Dec. 31 (To close expense accounts) Dec. 31 (To close income summary account) Dec. 31 (To close drawings) e Textbook and Media anu u for the amount for the normal balance of the account.) Income Summary No. 350 D. Crane, Capital D. Crane, Drawings No 306 Service Revenue No 400 Advertising Expense No 610 Supplies Expense Depreciation Expense Insurance Expance e lextbook and Media Prepare a post-closing trial balance. (Do not list those accounts that have zero ending balance.) CRANE COMPANY Post-Closing Trial Balance Debit Credit Totals e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook Depreciation Expense No. 711 Insurance Expense No. 722 Interest Expense No. 905 Salaries Expense No. 726 e Textbook and Media Prepare a post-closing trial balance. (Do not list those accounts that have zero ending balance.) CRANE COMPANY Post-Closing Trial Balance Debit Credit