Question: only B and D Problems P4.1 (LO 1, 2, 4), AP Financial Statement The trial balance columns of the worksheet for Warren Roofing at March
Problems P4.1 (LO 1, 2, 4), AP Financial Statement The trial balance columns of the worksheet for Warren Roofing at March 31, 2022, are as follows. Prepare a worksheet, financial state ments, and ad testing and closing entries Excel Dr. Cr. Warren Roofing Worksheet For the Month Ended March 31, 2022 Trial Balance Account Titles Cash 4.500 Accounts Receivable 3.200 Supplies 2,000 Equipment 11,000 Accumulated Depreciation- ent 1,250 Accounts Payable 2.500 Unearned Service Revenue 550 Owner's Capital 12.900 Owner's Drawings 1,100 Service Revenue 6,300 Salaries and Wages Expense 1.300 Miscellaneous Expense 400 23.500 23.500 Other data: 1. A physical count reveals only $480 of roofing supplies on hands 2. Depreciation for March is $250. 3. Unearned revenue amounted to $200 at March 31. 4. Accrued salaries are $700. Instructions a. Enter the trial balance on a worksheet and complete the worksheet. b. Prepare an income statement and owner's equity statement for the month of March and a classified balance sheet at March 31. T. Warren made an additional investment in the business of $10,000 in March c. Journalize the adjusting entries from the adjustments columns of the worksheet. d. Journalize the closing entries from the financial statement columns of the worksheet. 3. Adjusted trial balance $24,450 b. Net Income $2,420 Total assets $17,680
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