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On January 1,2020, the ledger of Crane Company contains the following liability accounts. During January, the following selected transactions occurred Jan. Sold merchandise for cash
On January 1,2020, the ledger of Crane Company contains the following liability accounts. During January, the following selected transactions occurred Jan. Sold merchandise for cash totaling $20,520, which includes 89 sales taves. 5 12. Performed services for customers who had made advance payinents of $11,000. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2019($7,400). 20 Sold 900 units of a new product on credit at $50 per unit. plus 8W sales tax. This new product is subject to a 1 -year warranty. 21. Borrowed $24,750 from Girard Bank on a 3-month, 89, $24,750 note. 25 Sold merchandise for cash totaling $8.208, which includes 8% sales taxes 3ules forewer sqien tiens porable Uneamed Service Rermat Cash Gules Tanes Pwable. Cith Arcesinta Hoccinable Sil himenue Sules Tanes Payalle Cank: Cmi1 Malei interise
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