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Prepare a corrected trial balance for Crane Company. All accounts should have a normal balance. Crane Company Trial Balance For the Quarter Ended March
Prepare a corrected trial balance for Crane Company. All accounts should have a normal balance. Crane Company Trial Balance For the Quarter Ended March 31, 2022 Debit Credit Cash $27,200 Accounts Receivable $33,100 Prepaid Insurance 3,600 Equipment 61,000 Accounts Payable 15,100 Unearned Service Revenue 10,900 Notes Payable 21,500 Common Stock 27,000 Retained Earnings 28,700 Dividends 1,500 Service Revenue 55,000 Salaries and Wages Expense 14,800 Utilities Expense 5,300 Rent Expense 11,700 $163,200 $153,200
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