Post-Closing Trial Balance December 31, 2020 Debit Credit $4000 Accounts Receivable 15.300 Notes Receivable 44.800 Inventory Equipment Accumulated Depreciation-Eument $120 Accounts Payable 44 Owner's Capital 8600 513190 $131.560 accounts receivable Hung 2600Kirk 50.000 and T Hode 4700 21 ab $12.000 Danford 17000 and The 13 The The subsidiary ledgers contain the following information merchandise sold was 60% of the sales price The transactions for Juary 2021 refollow Jana Smarchandise to M eme 57.400.ermm / 10.30 5 Purchase merchandise from Pheat $1.900 terms 20.30 7 Receive a check for T Hodges $2.700 11 Paytrelghtonerchandise purch 5210 12 Parent 51120 for January 13 Receive payment in full from Zemes i Sandk Thorer check for $12761 inful priment of account discount $129.. 17 Purchase merchandiserom G Roland S ternet Payales salaries 20 4 20 Gheo Dantorda o davnote for $17.500hnil payment of account coratie 2Total chalsamo 250 24 Post all areas to the today agora se marchands on soount tol kr 4.020 tons onso Selected accounts from the chart of accounts of Crane Co. are shown below. 101 Cash 112 Accounts Receivable 115 Notes Receivable 120 Inventory 157 Equipment 158 Accumulated Depreciation 200 Notes Payable 201 Accounts Payable 301 Owner's Capital 401 Sales Revenue 412 Sales Returns and Allowances 414 Sales Discounts 505 Cost of Goods Sold Equipment 726 Salaries and Wages Expense 729 Rent Expense The post.closing trial balance for Crane Co. is as follows. Crane Co. Post-Closing Trial Balance December 31, 2020 Debit Credit Cash $42.000 Accounts Receivable 15,300 Notes Receivable 44.800 Inventory 23.400 Equipment 6.460 Accumulated Depreciation-Equipment $1.220 Accounts Payable 44.500 Owner's Capital 86.240 $131.960 $131.960 The subsidiary ledgers contain the following information: (1) accounts receivable-B. Hannigan $2.600, 1. Kirk $8.000, and T. Hodges $4.700:2) accounts payable-Tigawa $12.800 D Dant merchandise sold was 60% of the sales price Post-Closing Trial Balance December 31, 2020 Debit Credit $4000 Accounts Receivable 15.300 Notes Receivable 44.800 Inventory Equipment Accumulated Depreciation-Eument $120 Accounts Payable 44 Owner's Capital 8600 513190 $131.560 accounts receivable Hung 2600Kirk 50.000 and T Hode 4700 21 ab $12.000 Danford 17000 and The 13 The The subsidiary ledgers contain the following information merchandise sold was 60% of the sales price The transactions for Juary 2021 refollow Jana Smarchandise to M eme 57.400.ermm / 10.30 5 Purchase merchandise from Pheat $1.900 terms 20.30 7 Receive a check for T Hodges $2.700 11 Paytrelghtonerchandise purch 5210 12 Parent 51120 for January 13 Receive payment in full from Zemes i Sandk Thorer check for $12761 inful priment of account discount $129.. 17 Purchase merchandiserom G Roland S ternet Payales salaries 20 4 20 Gheo Dantorda o davnote for $17.500hnil payment of account coratie 2Total chalsamo 250 24 Post all areas to the today agora se marchands on soount tol kr 4.020 tons onso Selected accounts from the chart of accounts of Crane Co. are shown below. 101 Cash 112 Accounts Receivable 115 Notes Receivable 120 Inventory 157 Equipment 158 Accumulated Depreciation 200 Notes Payable 201 Accounts Payable 301 Owner's Capital 401 Sales Revenue 412 Sales Returns and Allowances 414 Sales Discounts 505 Cost of Goods Sold Equipment 726 Salaries and Wages Expense 729 Rent Expense The post.closing trial balance for Crane Co. is as follows. Crane Co. Post-Closing Trial Balance December 31, 2020 Debit Credit Cash $42.000 Accounts Receivable 15,300 Notes Receivable 44.800 Inventory 23.400 Equipment 6.460 Accumulated Depreciation-Equipment $1.220 Accounts Payable 44.500 Owner's Capital 86.240 $131.960 $131.960 The subsidiary ledgers contain the following information: (1) accounts receivable-B. Hannigan $2.600, 1. Kirk $8.000, and T. Hodges $4.700:2) accounts payable-Tigawa $12.800 D Dant merchandise sold was 60% of the sales price