Question: Do It! Review 1-05 a-c Presented below is selected information related to Crane Company at December 31, 2020. Crane reports financial information monthly. Accounts
Do It! Review 1-05 a-c Presented below is selected information related to Crane Company at December 31, 2020. Crane reports financial information monthly. Accounts Payable $3,358 Salaries and Wages Expense $18,467 Cash 7,275 Notes Payable 27,980 Advertising Expense. 6,715 Rent Expense 11,752 Service Revenue 59,877 Accounts Receivable 15,109 Equipment 32,457 Owner's Drawings 8,394 Determine the total assets of Crane Company at December 31, 2020. Total assets Determine the net income that Crane Company reported for December 2020. Net income Determine the owner's equity of Crane Company at December 31, 2020. Owner's equity $
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