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The following selected accounts from Crane Corporation's general ledger are for the year ended December 31, 2025. Accounts receivable Accumulated depreciation-equipment Advertising expense Common stock
The following selected accounts from Crane Corporation's general ledger are for the year ended December 31, 2025. Accounts receivable Accumulated depreciation-equipment Advertising expense Common stock Cost of goods sold Depreciation expense Dividends Equipment Freight-out Income tax expense Insurance expense Interest expense Interest revenue Inventory Prepaid expenses Rent revenue Retained earnings Salaries and wages expense Sales revenue Unearned sales revenue $256,000 768,000 54,500 270,000 1,166,000 133,000 149,000 1,430,000 25,900 70,500 23,700 61,300 30,000 96,500 31,200 24,900 549,000 706,000 2,589,000 20,000 The following selected accounts from Crane Corporation's general ledger are for the year ended December 31,2025. Prepare a multiple-step income statement. (Uist Other reverus and gains before Other expenses and losses). eTrotbook and Media ust of Accounts Minewete oef ansed
The following selected accounts from Crane Corporation's general ledger are for the year ended December 31, 2025. Accounts receivable Accumulated depreciation-equipment Advertising expense Common stock Cost of goods sold Depreciation expense Dividends Equipment Freight-out Income tax expense Insurance expense Interest expense Interest revenue Inventory Prepaid expenses Rent revenue Retained earnings Salaries and wages expense Sales revenue Unearned sales revenue $256,000 768,000 54,500 270,000 1,166,000 133,000 149,000 1,430,000 25,900 70,500 23,700 61,300 30,000 96,500 31,200 24,900 549,000 706,000 2,589,000 20,000
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