Please show calculation. Thank You
The ledger of Cranston Corporation has the following account
balances at the company's first year end of October 31, 2018.
Accounts payable
$ 3,210
Prepaid rent
$ 3,070
Accounts receivable
4,810
Rent expense
730
Accumulated depreciation
5,250
Salaries expense
7,060
Bank loan payable
7,300
Salaries payable
1,310
Cash
17,160
Service revenue
13,730
Common shares
22,300
Supplies
2,400
Depreciation expense
1,750
Supplies expense
630
Dividends declared
420
Unearned revenue
3,020
Equipment
17,500
Utilities expense
500
Interest expense
300...