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Crane Company has the following selected transactions during March Mar 2 Purchased equipment costing $7.900 from Bole Company on account, 5 7 Received credit of

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Crane Company has the following selected transactions during March Mar 2 Purchased equipment costing $7.900 from Bole Company on account, 5 7 Received credit of $550 from Carwell Company for merchandise damaged in shipment to Crane Issued credit of $560 to Dempsey Company for merchandise the customer returned. The returned merchandise had a cost of $210 Crane Company uses a single-column purchases Journal, a sales journal, the columnar cash journals used in the text, and a general journal a (a) Journalize the transactions in the general journal. (Credit account titles are automatically inderted when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record merchandise returned.) (To record the cost of merchandise returned.)

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