Current Attempt in Progress The trial balance of Cullumber Inc. on March 31, 2023, is as...
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Current Attempt in Progress The trial balance of Cullumber Inc. on March 31, 2023, is as follows: Cash Accounts receivable Supplies Equipment Accumulated depreciation-equipment Accounts payable Unearned revenue Common shares Retained earnings Sales revenue Cullumber Inc. Trial Balance March 31, 2023 Salaries and wages expense Miscellaneous expense Additional information: Debit $1,610 2,520 690 6,430 530 125 Credit $400 1,080 480 6,050 1,675 2,220 $11,905 $11,905 Unearned revenue Common shares Retained earnings Sales revenue Salaries and wages expense Miscellaneous expense Additional information: 1. 2. 3. 4. Accrued salaries are $725. 530 125 Account Titles $11,905 A physical count reveals only $520 of supplies on hand. Equipment is depreciated at a rate of $100 per month. Unearned revenue amounted to $115 on March 31. 6,050 480 1,675 2,220 Dr. $11,905 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.) Trial Balance Cr. Dr. Adjustments Cr. 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.) Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Common Shares Retained Earnings Sales Revenue Salaries and Wages Expense Miscellaneous Expense Totals Supplies Expense Depreciation Expense Salaries and Wages Payable Totals Net Income Totals Trial Balance Dr. $1,610 2.520 690 6,430 530 125 Cr. $400 1,080 480 6,050 1,675 2,220 $11.905 $11,905 $ $ Dr. Adjustments 1000000 $ $ Cr. $ $ Dr. Adjusted Trial Balance $ 19 ...... Cr. $ UA Dr. $ Income Statement 64 00 1000 | DUU 00000 Cr. $ 67 $ $ ] 1 ] 1 1 $ G47 S Dr. e Textbook and Media Save for Later Income Statement 19 $ Cr. ]]]]] DA $ Dr. Statement of Financial Position 69 $ Cr. 3000 Attempts: 0 of 2 used Submit Answer Current Attempt in Progress The trial balance of Cullumber Inc. on March 31, 2023, is as follows: Cash Accounts receivable Supplies Equipment Accumulated depreciation-equipment Accounts payable Unearned revenue Common shares Retained earnings Sales revenue Cullumber Inc. Trial Balance March 31, 2023 Salaries and wages expense Miscellaneous expense Additional information: Debit $1,610 2,520 690 6,430 530 125 Credit $400 1,080 480 6,050 1,675 2,220 $11,905 $11,905 Unearned revenue Common shares Retained earnings Sales revenue Salaries and wages expense Miscellaneous expense Additional information: 1. 2. 3. 4. Accrued salaries are $725. 530 125 Account Titles $11,905 A physical count reveals only $520 of supplies on hand. Equipment is depreciated at a rate of $100 per month. Unearned revenue amounted to $115 on March 31. 6,050 480 1,675 2,220 Dr. $11,905 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.) Trial Balance Cr. Dr. Adjustments Cr. 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.) Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Common Shares Retained Earnings Sales Revenue Salaries and Wages Expense Miscellaneous Expense Totals Supplies Expense Depreciation Expense Salaries and Wages Payable Totals Net Income Totals Trial Balance Dr. $1,610 2.520 690 6,430 530 125 Cr. $400 1,080 480 6,050 1,675 2,220 $11.905 $11,905 $ $ Dr. Adjustments 1000000 $ $ Cr. $ $ Dr. Adjusted Trial Balance $ 19 ...... Cr. $ UA Dr. $ Income Statement 64 00 1000 | DUU 00000 Cr. $ 67 $ $ ] 1 ] 1 1 $ G47 S Dr. e Textbook and Media Save for Later Income Statement 19 $ Cr. ]]]]] DA $ Dr. Statement of Financial Position 69 $ Cr. 3000 Attempts: 0 of 2 used Submit Answer
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Journal Entries Date Accounts titles and details Debit Credit Mar31 Supplies Expense 690520 17000 Su... View the full answer
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