Question 2 of 5 Crane Company Adjusted Trial Balance July 31, 2020 No. Account Titles Debit Credit 101 Cash $ 10,700 112 Accounts Receivable 8,900 157 Equipment 15,500 158 Accumulated Depreciation--Equip. $7,000 201 Accounts Payable 4.600 208 Unearned Rent Revenue 1.500 301 Owner's Capital 46,200 306 Owner's Drawings 16,400 400 Service Revenue 64,800 429 Rent Revenue 6,700 711 8.200 726 Depreciation Expense Salaries and Wages Expense Utilities Expense 56,300 732 14.800 $ 130,800 S130.800 (a) Question 2 of 5 1.87/5.6 Date Account Titles and Explanation Debit Credit July 31 Service Revenue 64800 Rent Revenue 6700 Income Summary 71500 (To close revenue accounts) July 31 Income Suary 79300 Depreciation Expense 8200 Salaries and Wages Expense 56300 Udes Expert 14800 (To cose expense accounts) July 31 Owners Capital 7800 Income Summary 7800 (To cose net income/loss)) July 31 Owners Capital 16400 Owner's 16400 (Todose drawings Gateway $ Question 2 of 5 1.87/5.6 (To dose expense accounts) July 31 Owner's Capital 7800 Income Summary 7800 (To close net income / (loss)) July 31 Owner's Capital 16400 Owner's Drawings 16400 (To close drawings) e Textbook and Media List of Accounts Attempts: 1 of 3 used b) Post to Owner's Capital and income Summary accounts. Post entries in the order of journal entries presented in the previous part Enter negative amounts ning either a negative sign preceding the number os 45or parentheseses (451) Owner's Capital Dute Explanation Debit No. 301 Balance Credit Gateway Question 2 of 5 1.87/5.6 Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part Enter negative amounts using either a negative sign preceding the number es-45 or parentheses es (451) Owner's Capital No. 301 Date Explanation Debit Credit Balance July 31 July 31 July 31 Income Summary No. 350 Date Explanation Debit Credit Balance July 31 > July 31 July 31 eTextbook and Media List of Accounts Savelor Line Attempts of 3 used Submit Arower Gateway