Question: how i can solve this table ? The adjusted trial balance of CUONO Company shows the following balances. CUONO COMPANY SpA Adjusted Trial Balance June

how i can solve this table ?

how i can solve this table ? The adjusted trial balance ofCUONO Company shows the following balances. CUONO COMPANY SpA Adjusted Trial BalanceJune 30, 2020 Debit Credit Cash .................................................................... *6 6,200 Accounts Receivable .........................................8,400 Supplies .............................................................. 340 Prepaid Insurance .............................................. 2,750 Equipment .......................................................... 14,400 Accumulated

The adjusted trial balance of CUONO Company shows the following balances. CUONO COMPANY SpA Adjusted Trial Balance June 30, 2020 Debit Credit Cash .................................................................... *6 6,200 Accounts Receivable ......................................... 8,400 Supplies .............................................................. 340 Prepaid Insurance .............................................. 2,750 Equipment .......................................................... 14,400 Accumulated Depreciation Equipment ...................................................... 300 Accounts Payable .............................................. 4,885 Unearned Service Revenue ............................... 1,500 Salaries and Wages Payable ............................. 1,600 Share CapitalOrdinary .................................... 20,000 Service Revenue ................................................ 12,800 Supplies Expense .............................................. 1,260 Depreciation Expense ....................................... 300 Insurance Expense ............................................ 250 Salaries and Wages Expense ............................ 6,000 Rent Expense ..................................................... 1,000 Utilities Expense ................................................ 185 MM 3. Prepare an income statement and a retained earnings statement for the month ended \": 2020 (40 points) b. Prepare the closing entries on June 30, 2020. (40 points) Solution 3. Income statement (20 poi nts} \fb. GENERAL JOURNAL DATE ACCOUNT TITLES DEBIT CREDIT June 30 June 30 June 30 June 30

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!