Question

Below is the trial balance of Crane Corporation on September 30. CRANE CORPORATION Trial Balance September 30, 2018 Debit Credit Cash $7,800 Accounts Receivable 2,700 Supplies 1,900 Equipment 8,100 Accounts Payable $2,700 Unearned Revenue 800 Common Shares 17,000 $20,500 $20,500 The October transactions were as follows: Oct. 2 Paid rent for the month of October of $1,400 in cash. 5 Received $1,200 in cash from customers for accounts receivable due. 10 Billed customers for services performed in the amount of $5,200. 15 Paid employee salaries of $1,600. 17 Performed $630 of services for customers who paid in advance in August. 20 Paid $1,700 to creditors for accounts payable due. 29 Declared and paid a $310 cash dividend. 31 Paid utilities of $500. 31 Paid $640 for income tax.
Please type answers so it's easy to read. that 2 pictures with dropdowns are that same as other photo just showing the drop-down options

Answer 1

640 credit $1400 $1200 $5200 >ns Journal Entries Date Account Title and Explanation Debit oct.az Rent ale $1400 cash Ale. Oct-5 (To record payment of rent en Cash Alc $1200 Accounts Receivables. OCH-10 Сто record cash Received from AlcReceivable. Accounts Receivables Ale $5200 Revenue Ale oct-15 (To Record services Performed to client & Billed) Salaries Alc $1600 cash al To record payment of salaries Expenses) Loct. 17 Advance from customers Ale $630 Revenue Ale $630 (To record perform services for alseady Amount paid client) outgo Accounts payable Ale $1700 Cash ALL $1700 (To record payment of Accounts Payable) oct 29 Retained Earnings Ale $310 $310 To recorde Dividend declared) $1600 Dividend payable the Dividend payable Ah- $310 Cash all $310 (To recard payment of cash Dividna) oct 31 - utilitics $500 Alc Cash All $500 (To record payment of utility

oct-3) $640 4640 Income Tax All Cash ale (To record payment of income Tan) THANK YOU

Cash Ale Il.oct Bal 6ld $7800 logout Rent Ale 5.000 A/C Receivables $1200 loot 15 salaries Als payable Loct 29 Dividend payable locut. 31 utilities oct 20 $1400 $1600 $1900 $ 210 &500 $700 4 gou closing Ralance lect opening Balance 10 oct Revenue. $900 Accounts Receivably $2700 5.04 $5200 Cash Alc $19.00 Closing Balance (+6700 $7900 $79.00

Supplies All loout opening Balance $1900 closing Balance $1900 $1900 $1900 -10ct opening Balance Equipment Ale $8100 closing Balance $8100 $8100 $8100 Oct 20 Cash Ale Accounts payable the $17001 oct opening Balance $2700 closing Ralan $1000 unearned Revenure the olioct opening Balance closing Balance $180) $800 $800 $800

102 oct Cash Al Rent All $1400 closing Balance $ 1900 $1400 $1400 closing Balance RevenueAle p. oct All Redenasle oct 17 Advance from Custones 5830 $5200 $630 $5830 $5830 oct 15 Salaries Ale Cash Alc $1600 oct 17 Revenue. closing Balance $1600 $1600 $1600 Advance from Custiones Ale $630 closing Balance. ($630) $630 $630 Retained Earning the $310 closing Balance $310 $310 $310 Dividend payable Ale $310. Oct 29 Retained Earning $310 Oct 29 Dividend payable oct qq Cash the $ 310 Oct 31 Cash ALL $310 utility Ale $500 closing Balance $500 $50