Question: Current Attempt in Progress An analysis of the transactions made by Crane & Co., a certified public accounting firm, for the month of August
Current Attempt in Progress An analysis of the transactions made by Crane & Co., a certified public accounting firm, for the month of August is shown below. The expenses were $650 for rent, $4,200 for salaries and wages, and $500 for utilities. Accounts Accounts Owner's Owner's Cash + Receivable + Supplies + Equipment 1. $15,400 Payable + Capital - Drawings + $15,400 Revenues 2. -2,400 $5,000 $2,600 3. -650 $650 4. 4,600 $4,600 $9,200 5. -1,200 6. -1,200 -1,200 -$1,200 7. -650 8. 500 -500 9. -4,200 10. 500
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