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Crane Department Store is located near the Towne Shopping Mall. At the end of the company's calendar year on December 31,2020 , the following accounts
Crane Department Store is located near the Towne Shopping Mall. At the end of the company's calendar year on December 31,2020 , the following accounts appeared in two of its trial balances. Prepare an income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding Prepare a retained earnings statement. (List items that increase retained earnings first.) Prepare a classified statement of financial position. 20,480 of the mortgage payable is due for payment next year. (List Current Journalize the adjusting entries that were made. (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 tities and enter O for the amounts.) Journalize the closing entries that are necessary. (Credit account titles are automatically indented when amount is entered. Do not Crane Department Store is located near the Towne Shopping Mall. At the end of the company's calendar year on December 31,2020 , the following accounts appeared in two of its trial balances. Prepare an income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding Prepare a retained earnings statement. (List items that increase retained earnings first.) Prepare a classified statement of financial position. 20,480 of the mortgage payable is due for payment next year. (List Current Journalize the adjusting entries that were made. (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 tities and enter O for the amounts.) Journalize the closing entries that are necessary. (Credit account titles are automatically indented when amount is entered. Do not
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