rt 1 Exercise 4-08 a-c (Part Level Submission) (Video) Crane Company ended its fiscal year on July 31, 2020. The company's adjusted trial balance as of the end of its fisca Crane Company Adjusted Trial Balance July 31, 2020 rt No. Account Titles Debit Credit 101 Cash $10,700 112 Accounts Receivable 8,900 157 Equipment rt 15,500 158 Accumulated Depreciation-Equip. $7,000 201 Accounts Payable 4,600 208 Unearned Rent Revenue 1,500 301 Owner's Capital 46,200 Y 306 Owner's Drawings 16,400 400 Service Revenue 64,800 429 Rent Revenue 6,700 711 Depreciation Expense 8,200 726 Salaries and Wages Expense 56,300 732 Utilities Expense 14,800 $130,800 $130,800 Date Account Titles and Explanation July 31 July 31 (To close revenue accounts) July 31 (To close expense accounts) July 31 (To close net income/(loss)) (To close drawings). Debit Credit