Question: Crane Company shows the following entries in its Equipment account for 2026 . Allamounts are based on historical cost. Prepare correcting entry if necessary. (ff

2026 . Allamounts are based on historical cost. Prepare correcting entry if

Crane Company shows the following entries in its Equipment account for 2026 . Allamounts are based on historical cost. Prepare correcting entry if necessary. (ff no entry is required, select "No entry" for the occount titles and enter O for the amounts, Credit scoount titles are automaticoliy indented when amount is entered. Do not indent manually (ist debit entry before credit entry)

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