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Record the following transactions on the books of Crane Co.: (a) On May 1, Crane Co. sold merchandise on account to Kaneva irs for $44,400,
Record the following transactions on the books of Crane Co.: (a) On May 1, Crane Co. sold merchandise on account to Kaneva irs for $44,400, terms 2/10,n/30. Ignore any entries that affect inventory and cost of goods sold for the purposes of this question, (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry)
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