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The trial balances before and after adjustment for Crane Company at the end of its fiscal year are presented below. CRANE COMPANY Trial Balance
The trial balances before and after adjustment for Crane Company at the end of its fiscal year are presented below. CRANE COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,000 $10,000 Accounts Receivable. 8,900 9,500 Supplies 2,400 700 Prepaid Insurance 3,900 2,700 Equipment 12,400 12,400 Accumulated Depreciation-Equipment $3,400 $4,500 Accounts Payable 5,800 5,800 Salaries and Wages Payable 1,400 Unearned Rent Revenue 1,400 800 Owner's Capital 13,700 13,700 Service Revenue 34,000 34,600 Rent Revenue 11.100 11,700 Salaries and Wages Expense 17,000 18,400 Supplies Expense 0 1,700 Rent Expense 14,800) 14,800 Insurance Expense 0 1.200 Depreciation Expense 1100
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