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Current Attempt in Progress You are presented with the following alphabetical list of accounts and balances (in thousands) for Crane Enterprises Inc. at June
Current Attempt in Progress You are presented with the following alphabetical list of accounts and balances (in thousands) for Crane Enterprises Inc. at June 30, 2024. All accounts have a normal balance. Accounts payable $4,000 Income tax payable Accounts receivable 5,000 Interest expense Accumulated depreciation-buildings 4,000 Land Accumulated depreciation-equipment 2,000 Long-term investments $200 200 12,300 3,450 Buildings 12,500 Mortgage payable, due 2028 12,500 Cash 1,800 Office expense 3,500 4 Common shares 5,500 Prepaid insurance 800 Dividends declared 2,500 Retained earnings 6,250 Equipment 5,000 Service revenue 28,500 Income tax expense 2,000 Salaries expense 13,900
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