Current Attempt in Progress

Presented below is information related to Crane Corporation for the month of January $2025.$

Prepare the necessary 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. List all debit entries before credit entries.$)$

Date Account Titles and Explanation

Credit

Jan. $31$

$($To close revenue accounts$)$

Jan. $31$