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Crane corporation provides its officers with bonuses based on net income. For 2017, the bonuses total 346,100 and are paid on February 15, 2018. Prepare

Crane corporation provides its officers with bonuses based on net income. For 2017, the bonuses total 346,100 and are paid on February 15, 2018. Prepare Cranes December 31, 2017, adjusting entry and the February 15, 2018, entry

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