The trial balance columns of the worksheet for Nanduri Company at June 30, 2022, are as follows.
Question:
The trial balance columns of the worksheet for Nanduri Company at June 30, 2022, are as follows.
Other data:
1. A physical count reveals $500 of supplies on hand.
2. $100 of the unearned revenue is still unearned at month-end.
3. Accrued salaries are $210.
Instructions
Enter the trial balance on a worksheet and complete the worksheet.
Nanduri Company Worksheet For the Month Ended June 30, 2022 Trial Balance Account Titles Dr. Cr. Cash 2,320 Accounts Receivable 2,440 Supplies Accounts Payable 1,880 1,120 Unearned Service Revenue 240 Common Stock 3,600 Service Revenue 2,400 Salaries and Wages Expense 560 Miscellaneous Expense 160 7,360 7,360
Step by Step Answer:
NANDURI COMPANY Worksheet For the Month Ended June 30 2022 Account T...View the full answer
Financial Accounting
ISBN: 9781119594598
11th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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