Crane Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: Accounts payable 12.600 Income tax payable 4,700 Accounts receivable 27,100 Insurance expense 3,400 Accumulated depreciation-equipment 5,400 Prepaid insurance 2,900 Cash 17.600 Rent expense 5,800 Common shares 10,100 Retained earnings 20,100 Depreciation expense 4,400 Salaries expense 44,450 Dividends declared 1,900 Salaries payable 3,250 Equipment 22.400 Supplies 1,900 Fees earned 87,200 Supplies expense 4,200 Income tax expense 5,000 Utilities expense 2.300 All accounts have normal balances. Prepare an adjusted trial balance at February 28.

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Chapter1: Financial Statements And Business Decisions
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BAB140 Lab#3 Ch4 W2022
NWP Assessment Player UI Appli x
WP Wiley Course Resources
A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=31085e1c-3fe8-4a49-b0d5-235bab61d4d1#/question/2
E Apps W MarketWatch: Stock...
e Business News
Market News | Seek...
O FINVIZ.com - Stock..
T7 CVNA 228.28 A +1.
S Stocktwits - The lar.
E* Google Translate
E Earnings and Econo.
AV Short Interest Stock.
* U.S. News | Reuters
WSJ market volume
E Reading list
>>
BAB140 Lab#3 Ch4 W2022
Question 3 of 5
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Current Attempt in Progress
Crane Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February
28, 2021:
Accounts payable
12,600
Income tax payable
4,700
Accounts receivable
27,100
Insurance expense
3,400
Accumulated depreciation-equipment
5,400
Prepaid insurance
2,900
Cash
17,600
Rent expense
5,800
Common shares
10,100
Retained earnings
20,100
Depreciation expense
4,400
Salaries expense
44,450
Dividends declared
1,900
Salaries payable
3,250
Equipment
22,400
Supplies
1,900
Fees earned
87,200
Supplies expense
4,200
Income tax expense
5,000
Utilities expense
2,300
All accounts have normal balances.
Prepare an adjusted trial balance at February 28.
CRANE CORPORATION
Adjusted Trial Balance
February 28, 2021
Debit
Credit
$
II
Transcribed Image Text:Institution Page BAB140 Lab#3 Ch4 W2022 NWP Assessment Player UI Appli x WP Wiley Course Resources A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=31085e1c-3fe8-4a49-b0d5-235bab61d4d1#/question/2 E Apps W MarketWatch: Stock... e Business News Market News | Seek... O FINVIZ.com - Stock.. T7 CVNA 228.28 A +1. S Stocktwits - The lar. E* Google Translate E Earnings and Econo. AV Short Interest Stock. * U.S. News | Reuters WSJ market volume E Reading list >> BAB140 Lab#3 Ch4 W2022 Question 3 of 5 > -/2 View Policies Current Attempt in Progress Crane Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: Accounts payable 12,600 Income tax payable 4,700 Accounts receivable 27,100 Insurance expense 3,400 Accumulated depreciation-equipment 5,400 Prepaid insurance 2,900 Cash 17,600 Rent expense 5,800 Common shares 10,100 Retained earnings 20,100 Depreciation expense 4,400 Salaries expense 44,450 Dividends declared 1,900 Salaries payable 3,250 Equipment 22,400 Supplies 1,900 Fees earned 87,200 Supplies expense 4,200 Income tax expense 5,000 Utilities expense 2,300 All accounts have normal balances. Prepare an adjusted trial balance at February 28. CRANE CORPORATION Adjusted Trial Balance February 28, 2021 Debit Credit $ II
Institution Page
BAB140 Lab#3 Ch4 W2022
NWP Assessment Player UI Appli x
WP Wiley Course Resources
A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=31085e1c-3fe8-4a49-b0d5-235bab61d4d1#/question/2
E Apps W MarketWatch: Stock...
e Business News
Market News | Seek...
O FINVIZ.com - Stock..
17 CVNA 228.28 A +1.
S Stocktwits - The lar.
* Google Translate
E Earnings and Econo.
AV Short Interest Stock.
* U.S. News | Reuters
WSJ market volume
E Reading list
>>
BAB140 Lab#3 Ch4 W2022
Question 3 of 5
>
-/2
Equipment
22.400
Supplies
1.900
Fees earned
87,200
Supplies expense
4,200
Income tax expense
5,000
Utilities expense
2,300
All accounts have normal balances.
Prepare an adjusted trial balance at February 28.
CRANE CORPORATION
Adjusted Trial Balance
February 28, 2021
Debit
Credit
$
III
Transcribed Image Text:Institution Page BAB140 Lab#3 Ch4 W2022 NWP Assessment Player UI Appli x WP Wiley Course Resources A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=31085e1c-3fe8-4a49-b0d5-235bab61d4d1#/question/2 E Apps W MarketWatch: Stock... e Business News Market News | Seek... O FINVIZ.com - Stock.. 17 CVNA 228.28 A +1. S Stocktwits - The lar. * Google Translate E Earnings and Econo. AV Short Interest Stock. * U.S. News | Reuters WSJ market volume E Reading list >> BAB140 Lab#3 Ch4 W2022 Question 3 of 5 > -/2 Equipment 22.400 Supplies 1.900 Fees earned 87,200 Supplies expense 4,200 Income tax expense 5,000 Utilities expense 2,300 All accounts have normal balances. Prepare an adjusted trial balance at February 28. CRANE CORPORATION Adjusted Trial Balance February 28, 2021 Debit Credit $ III
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