On December 1,2025, Crane Company had the account balances shown below. Inventory =(2,700$0.60) The following transactions occurred during December. Dec. 3 Purchased 3,700 units of inventory on account at a cost of $0.77 per unit. 5 Sold 4,100 units of inventory on account for $0.90 per unit. (Crane sold 2,700 of the $0.60 units and 1,400 of the $0.77 units.) 7 Granted the December 5 customer $90 credit for 100 units of inventory returned costing $77. These units were returned to inventory. 17 Purchased 2,100 units of inventory for cash at $0,70 each. 22 Sold 1,800 units of inventory on account for $0.88 per unit. (Crane sold 1.800 of the $0.77 units.) tities and enter ofor the amounts. Record foumal entries in the order presented in the problem. List all debit entries before credit entrles.) Dec22 Account Receivabile Soles fievenat 1584 (To record sales revenue) Inwerear (To recorid cost of goods sold] Dec 31 \% Sytaries and When Expense 420 Salaries and Whes Prable To record accrved expense) Cencomontringe 130 132 Decal -2 \begin{tabular}{|c|c|} \hline \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} Torecord depection expenses \begin{tabular}{|c|c|c|c|} \hline inctime Tekexishe & & 190 & \\ \hline & & +8 & \\ \hline iname fociortis & & & in \\ \hline \end{tabular} (Fo recard incoine tax expense) Prepare an adjusted trial balance as of December 31.2025. Question 1 of 1 /100 eTextbook and Media