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Hello! I need help filling out parts B and C. A is already complete. Thank you Crane Company ended its fiscal year on July 31,
Hello! I need help filling out parts B and C. A is already complete. Thank you
Crane Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is as follows. Date Account Titles and Explanation Debit July 31 Servlce Revenue Rent Revenue 65000 Credit Rent Revenue 6300 Income Summary (To dose revenue accounts) July 31 Income Summary 79500 Depreclation Expense Salarles and Wages Expense Utllitles Expense (To dose expense accounts) July 31 Owner's Capital Income Summary (To dose netincome / (loss)) July 31 Owner's Capital 16100 \begin{tabular}{|l|} \hline 56000 \\ \hline 15500 \\ \hline \end{tabular} Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number eg- 45 or parentheses e g (45).) Prepare a post-closing trial balance at July 31Step by Step Solution
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