View Policies Current Attempt in Progress Crane Company has the following balances in selected accounts on December 31, 2020. Accounts Recelvable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue $0 0 7.000 0 11,000 3,600 0 2,200 31,000 All the accounts have normal balances. The information below has been gathered at December 31, 2020. 1. 2 5. Crane Company borrowed $9,200 by signing a 936, one year note on September 1, 2020, Acount of supplies on December 31, 2020, indicates that supplies of $840 are on hand. Depreciation on the equipment for 2020 is $1200 Crane Company paid $3,600 for 12 months of insurance coverage on June 1, 2020 On December 1, 2020. Crane collected $31.000 for consulting services to be performed from December 1, 2020 through March 31, 2021. The company had performed 1/4 of the services by December 31. Crane performed consulting services for a client in December 2020. The dient will be bied $3.900 Cane Company paysits employees total salaries of $5.500 every Monday for the preceding 5 day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2020. Prenaran