The trial balance of Airbourne Travel Inc. on March 31, 2017, is as follows:

Additional information:
1. A physical count reveals only $520 of supplies on hand.
2. Equipment is depreciated at a rate of $100 per month.
3. Unearned ticket revenue amounted to $100 on March 31.
4. Accrued salaries are $850.
Instructions
Enter the trial balance on a work sheet and complete the work sheet, assuming that the adjustments relate only to the month of March. (Ignore income taxes.)

Transcribed Image Text:

AIRBOURNE TRAVEL INC. Trial Balance March 31, 2017 Debit Credit Cash Accounts receivable Supplies Equipment Accumulated depreciation equipment Accounts payable Unearned revenue Common shares Retained earnings Sales revenue Salaries and wages expense Miscellaneous expense $1,800 2,600 600 6,000 $ 400 1,100 500 6,400 600 2,600 500 100 $11,600 $11.600