The trial balance of Airbourne Travel Inc. on March 31, 2020, is as follows: Additional information: 1.

Question:

The trial balance of Airbourne Travel Inc. on March 31, 2020, is as follows:

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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 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.

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Related Book For  answer-question

Intermediate Accounting Volume 2

ISBN: 9781119497042

12th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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