*Exercise 4-14 Selected accounts of Crane Company are shown here. Supplies Expense 750 Salaries and Wages...

  

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*Exercise 4-14 Selected accounts of Crane Company are shown here. Supplies Expense 750 Salaries and Wages Expense 1,330 1,570 Service Revenue July 31 July 15 July 31 July 1 Bal. July 10 July 31 July 14 July 31 July 31 Salaries and Wages Payable July 31 Accounts Receivable July 31 Supplies 1,220 July 31 250 4,570 1,420 730 730 Unearned Service Revenue 1,420 July 1 Bal. July 20 + 750 1,570 1,650 680 (a) After analyzing the accounts, journalize the July transactions. (Hint: July transactions were for cash.) (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (b) After analyzing the accounts, journalize the adjusting entries that were made on July 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation July 31 July 31 July 31 July 31 (To record supplies expense) (To record revenue for services performed) (To record salaries and wages expense) (To record unearned service revenue earned) *Exercise 4-14 Selected accounts of Crane Company are shown here. Supplies Expense 750 Salaries and Wages Expense 1,330 1,570 Service Revenue July 31 July 15 July 31 July 1 Bal. July 10 July 31 July 14 July 31 July 31 Salaries and Wages Payable July 31 Accounts Receivable July 31 Supplies 1,220 July 31 250 4,570 1,420 730 730 Unearned Service Revenue 1,420 July 1 Bal. July 20 + 750 1,570 1,650 680 (a) After analyzing the accounts, journalize the July transactions. (Hint: July transactions were for cash.) (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (b) After analyzing the accounts, journalize the adjusting entries that were made on July 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation July 31 July 31 July 31 July 31 (To record supplies expense) (To record revenue for services performed) (To record salaries and wages expense) (To record unearned service revenue earned)

Answer rating: 100% (QA)

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