The following trial balance of Crane Company does not balance. Your review of the ledger reveals the following. (a) Each account had a normal balance. (b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated $99. (c) A transposition error was made in Accounts Receivable and Service Revenue; the correct balances for Accounts Receivable and Service Revenue are $2,760and $6,680, respectively. (d) A debit posting to Advertising Expense of $318was omitted. (e) A $1,370cash drawing by the owner was debited to Owner's Capital and credited to Cash.

Crane Company

Trial Balance

April 30, 2020

Debit

Credit

Cash $4,672

Accounts Receivable 2,670

Prepaid Insurance 652

Equipment $8,470

Accounts Payable 4,360

Property Tax Payable543

Owner's Capital 11,302

Service Revenue 6,860

Salaries and Wages Expense 3,823

Advertising Expense 1,081

Property Tax Expense 812

$20,301

$24,944

correct trial balance.

CRANE COMPANY

Trial Balance

choose the accounting period

Year Ended April 30, 2020

April 30, 2020

Month Ended April 30, 2020

Debit

Credit

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$enter a credit balance

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Totals

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$enter a total for the credit column