Transactions for Crane Ltd. for the month of June, its firat month of cperations, ana prezantsd belawt une i aued common shares to aharsholdars in axchange for s2.550 caah. 4 Purchased supplics on account for 25 7 Blled . Kronanoble $278 for welding work done. 18 Receved partial payment of $192 from 3. Kronsnoble for work billed on June 7 cve ch of $202 from Liu Controls Ltd. ** deposit for welding wark to be done in July 28 Paid for supplies purchaxed on June 4 29 P id 591 For manthly income tx iratalm nt Pruparw . baai'-nalyaia. {1f nu transaction ih ruquirwd' Iwct "Ne, Transaction" fue th account titla.) Account Debited Account Credited +Supplies + Accounts ReceivableAccounts Payable + Unearned RevenueCommon Shares +service RevenucIncome Tax Expense Prepare a debit-credit analysis. Account Debited Account Credited Effect Effect June 1 4. 380 25 27 28 29 Transactions for Crane Ltd. for the month of June, its firat month of cperations, ana prezantsd belawt une i aued common shares to aharsholdars in axchange for s2.550 caah. 4 Purchased supplics on account for 25 7 Blled . Kronanoble $278 for welding work done. 18 Receved partial payment of $192 from 3. Kronsnoble for work billed on June 7 cve ch of $202 from Liu Controls Ltd. ** deposit for welding wark to be done in July 28 Paid for supplies purchaxed on June 4 29 P id 591 For manthly income tx iratalm nt Pruparw . baai'-nalyaia. {1f nu transaction ih ruquirwd' Iwct "Ne, Transaction" fue th account titla.) Account Debited Account Credited +Supplies + Accounts ReceivableAccounts Payable + Unearned RevenueCommon Shares +service RevenucIncome Tax Expense Prepare a debit-credit analysis. Account Debited Account Credited Effect Effect June 1 4. 380 25 27 28 29