The trial balance columns of the worksheet for Dixon Company at June 30, 2020, are as follows.
Question:
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.
Transcribed Image Text:
Dixon Company Worksheet For the Month Ended June 30, 2020 Trial Balance Cr. Account Titles Dr. Cash 2,320 Accounts Receivable 2,440 Supplies Accounts Payable 1,880 1,120 Unearned Service Revenue 240 Owner's Capital 3,600 2,400 Service Revenue Salaries and Wages Expense Miscellaneous Expense 560 160 7,360 7,360
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Related Book For
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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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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