Question

Exercise 4-03 al-a3 (Part Level Submission) The adjusted trial balance columns of the worksheet for Crane Company are as follows. The owner did not make any additional investments in the business in April. Cash CRANE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles 10,100 Accounts Receivable 7,700 Prepaid Rent 2,500 Equipment 22,800 Accumulated Depreciation - Equip. 5,400 Notes Payable 5,500 Accounts Payable 5.400 Owner's Capital 26,930 Owner's Drawings 3,500 Service Revenue 15,700 Salaries and Wages Expense 10,800 Rent Expense 800 Depreciation Expense Interest Expense Interest Payable Totals 59,020 59,020

Answer 1

Date Page CRANE COMPANY Balance sheet April 30, 2020 Amount ($) Assets Equipment 22,800 Cash Accounts Receivable Prepaid Rent 10,100 7,700 2500 Total Assets $ 43.100 5400 Liabilities and Owner's Equity Accounts payable Intercest payable Accumulated Depreciation Equipment Notes payable 90 5400 5 500 Owner's capital 26.70 Total Liabilities and owhere's equity $ U3 100

Date Page CRANE COMPANY Balance sheet April 30, 2020 Amount ($) Assets Equipment 22,800 Cash 10,100 Accounts Receivable 7,700 Prepaid Rent 2,500 Total Assets $ 43,100 Liabilities and Owner's Equity Accounts payable 5,400 Interest payable 90 Accumulated Depreciation - Equipment 5,400 Notes payable 5,500 Owner's capital 26,710 Total Liabilities and owhere's equity $ 43,100