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Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select No Entry for the account titles and enter
Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (To close revenue accounts) Aug. 31 (To close expense accounts) Aug. 31 (To close income / (loss)) Aug. 31 (To close dividends) The adjusted trial balance for Crane Company is given below
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