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Journalize the following transactions for Crane Company. (If no entry is required, select No Entry for the account titles and enter O for the
Journalize the following transactions for Crane Company. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) 5 Sept. 1 Purchased supplies for $1,010 cash. Paid $400 cash dividend to stockholders. Received $5,400 down payment from customer for services to be provided in the future. 7 16 Received $760 cash from a previously billed customer for payment of services provided in the prior month. Purchased equipment for $2,900 by paying $1.050 cash and issued a note payable for the balance. 22
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