Question $7$ of $15$

$\frac{-}{10}$

On September $1,$ Crane Company has the following accounts and account balances:

Cash $$21,200,$ Accounts Receivable $$2,440,$ Supplies $$2,320,$ Accounts Payable $$1,220,$ Unearned Revenue $$1,950,$ Owner's Capital $$19,500,$ Service Revenue $$5,000,$ and Salaries Expense $$1,710$

During the month of September, the bookkeeper for Crane Company prepared the following journal entries:

$1.$

Cash

$1,460$

Service Revenchs

$1,460$

To record cash received from services performed.$)$

$2.$ Salaries Expense

$850$

Cash

$850$

$($Paid salaries to date.$)$

$3.$

Accounts Payable

$240$

Cash

$240$

$($Paid creditors on account.$)$

$4.$ Cash

$1\mathrm{.}220$