The trial balance columns of the worksheet for Nanduri Company at June 30, 2020, are as follows.
Question:
The trial balance columns of the worksheet for Nanduri Company at June 30, 2020, are as follows.
Other data:
- A physical count reveals $500 of supplies on hand.
- $100 of the unearned revenue is still unearned at month-end.
- Accrued salaries are $210.
Instructions
Enter the trial balance on a worksheet and complete the worksheet.
Transcribed Image Text:
Nanduri Company Worksheet For the Month Ended June 30, 2020 Trial Balance Account Titles Dr. Cr. Cash 2,320 Accounts Receivable 2,440 Supplies Accounts Payable 1,880 1,120 Unearned Service Revenue 240 3,600 Common Stock Service Revenue 2,400 Salaries and Wages Expense 560 Miscellaneous Expense 160 7,360 7,360
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Account Titles Cash Accounts Receivable Supplies Accounts Payable ...View the full answer
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My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1119392132
3rd 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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