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Crane Corporation earned revenues of $222700, incurred expenses of $233100, and paid dividends of $4700 during the current year. When Income Summary is closed to
Crane Corporation earned revenues of $222700, incurred expenses of $233100, and paid dividends of $4700 during the current year. When Income Summary is closed to Retained Earnings, the debit or credit to Retained Earnings is a creditof$15100.debitof$10400.debitof$5700.creditof$10400. The income statement of Blossom Corporation for 2025 included the following items: The following balances have been excerpted from Blossom Corporation's balance sheets: Cash paid for salaries and wages during 2025 was $227400$206600$234800$209600
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