prepare closing entries.

there was no cash withdrawals

Current Attempt in Progress Presented below is information related to Crane Co., owned by D. White, for the month of January 2024. (a) Your answer is correct. Prepare the necessary adjusting entry for inventory. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. List debit entry before credit entry.) Prepare the necessary closing entries. D. White did not withdraw anv cach during the manth a s