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    Crane Inc. Entered Into A Contract To Deliver One of Its Specialty Mowers To Kickapoo Landscaping Co

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    Kailash Kumar
    This document summarizes transactions for various accounts of a company over multiple dates from July 2001 to December 1999. It shows debits and credits to accounts like cash, common stock, equipment, supplies, prepaid insurance, accounts receivable, accounts payable, service revenue, salaries and wages expense, and gasoline expense. The document provides opening and closing balances for each account over the period.

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    Crane Inc. Entered Into A Contract To Deliver One of Its Specialty Mowers To Kickapoo Landscaping Co

    Uploaded by

    Kailash Kumar
    31 views2 pages
    This document summarizes transactions for various accounts of a company over multiple dates from July 2001 to December 1999. It shows debits and credits to accounts like cash, common stock, equipment, supplies, prepaid insurance, accounts receivable, accounts payable, service revenue, salaries and wages expense, and gasoline expense. The document provides opening and closing balances for each account over the period.

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    , Crane Inc. Entered Into a Contract to Deliver One of Its Specialty Mowers to Kickapoo Landscaping Co

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    This document summarizes transactions for various accounts of a company over multiple dates from July 2001 to December 1999. It shows debits and credits to accounts like cash, common stock, equipment, supplies, prepaid insurance, accounts receivable, accounts payable, service revenue, salaries and wages expense, and gasoline expense. The document provides opening and closing balances for each account over the period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    31 views2 pages

    Crane Inc. Entered Into A Contract To Deliver One of Its Specialty Mowers To Kickapoo Landscaping Co

    Uploaded by

    Kailash Kumar
    This document summarizes transactions for various accounts of a company over multiple dates from July 2001 to December 1999. It shows debits and credits to accounts like cash, common stock, equipment, supplies, prepaid insurance, accounts receivable, accounts payable, service revenue, salaries and wages expense, and gasoline expense. The document provides opening and closing balances for each account over the period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Date Accounts debit credit Cash

    Jul-01 Cash 17000 Date debit credit balance


    Common stock 17000 Jul-01 17000 17000
    Jul-01 2900 14100
    Jul-01 Equipment 11000 Jul-05 2376 11724
    cash 2900 Jul-18 1470 10254
    Accounts payable 8100 Jul-20 1600 8654
    Jul-21 1600 10254
    Jul-03 Supplies 900 Jul-31 300 9954
    Accounts payable 900 Dec-99 600 9354

    Jul-05 Prepaid insurance 2376


    cash 2376

    Jul-12 Accounts receivable 4000 Equipment


    service revenue 4000 Date debit credit balance
    Jul-01 11000 11000
    Jul-18 Accounts payable 1470
    cash 1470
    Supplies
    Jul-20 Salaries and wages expense 1600 Date debit credit balance
    cash 1600 Jul-03 900 900

    Jul-21 Cash 1600


    Accounts receivable 1600
    Prepaid insurance
    Jul-25 Accounts receivable 1700 Date debit credit balance
    service revenue 1700 Jul-05 2376 2376

    Jul-31 Gasoline expense 300


    cash 300 Accounts receivable
    Date debit credit balance
    Jul-31 dividends 600 Jul-12 4000 4000
    cash 600 Jul-21 1600 2400
    Jul-25 1700 4100

    Salaries and wages expense


    Date debit credit balance
    Jul-20 1600 1600
    Common stock
    Date debit credit balance
    Jul-01 17000 17000

    Accounts payable
    Date debit credit balance
    Jul-01 8100 8100
    Jul-03 900 9000
    Jul-18 1470 7530

    Service revenue
    Date debit credit balance
    Jul-12 4000 4000
    Jul-25 1700 5700

    Gsoline expense
    Date debit credit balance
    Jul-31 300 300

    Dividends
    Date debit credit balance
    Jul-31 600 600

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