Wildhorse Company Worksheet For the Month Ended June 30, 2022 Trial Balance Account Titles Dr. Cr....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Wildhorse Company Worksheet For the Month Ended June 30, 2022 Trial Balance Account Titles Dr. Cr. Cash 2,400 Accounts Receivable 2,700 Supplies 2.000 Accounts Payable 1,100 Unearned Service Revenue 440 Owner's Capital 2.720 Service Revenue 3.500 Salaries and Wages Expense 550 Miscellaneous Expense 110 Total 7,760 7,760 Other data 1. A physical count reveals $700 of supplies on hand 2. $200 of the uneamed revenue is still unearned at month end 3. Accrued salaries are $170 Complete the worksheet Account Titles Trial Balance Adjustments Dr Cr. Dr Cr. Cash 2,400 Accounts Receivable 2.700 Supplies 2.000 Accounts Payable 1.100 Unearned Service Revenue 440 Owner's Capital 2720 Service Revenue 3,500 Salaries and Wages Expense 550 Miscellaneous Experse 110 Totals 7.760 7760 Supplies Expente Salaries and Wages Payable Totats For the Year Ended June 30.2022 Adj. Trial Balance Income Statement Dr Dr Cr. 2022 MindTap - Ce x Mhbox (1859 x Emor - 2021 O CHAPTER4A X NWP Asse playerindex htmrlaunchid-80d7176e-b4d2-4639-87af-51b12cb12e6be/question/0 Question 1 of 2 Balance Sheet Dr Wildhorse Company Worksheet For the Month Ended June 30, 2022 Trial Balance Account Titles Dr. Cr. Cash 2,400 Accounts Receivable 2,700 Supplies 2.000 Accounts Payable 1,100 Unearned Service Revenue 440 Owner's Capital 2.720 Service Revenue 3.500 Salaries and Wages Expense 550 Miscellaneous Expense 110 Total 7,760 7,760 Other data 1. A physical count reveals $700 of supplies on hand 2. $200 of the uneamed revenue is still unearned at month end 3. Accrued salaries are $170 Complete the worksheet Account Titles Trial Balance Adjustments Dr Cr. Dr Cr. Cash 2,400 Accounts Receivable 2.700 Supplies 2.000 Accounts Payable 1.100 Unearned Service Revenue 440 Owner's Capital 2720 Service Revenue 3,500 Salaries and Wages Expense 550 Miscellaneous Experse 110 Totals 7.760 7760 Supplies Expente Salaries and Wages Payable Totats For the Year Ended June 30.2022 Adj. Trial Balance Income Statement Dr Dr Cr. 2022 MindTap - Ce x Mhbox (1859 x Emor - 2021 O CHAPTER4A X NWP Asse playerindex htmrlaunchid-80d7176e-b4d2-4639-87af-51b12cb12e6be/question/0 Question 1 of 2 Balance Sheet Dr
Expert Answer:
Answer rating: 100% (QA)
WILDHORSE COMPANY Worksheet For the Year Ended June 30 2020 Trail Bal... View the full answer
Related Book For
Introduction to Financial Accounting
ISBN: 9781517089719
2nd edition
Authors: Henry Dauderis, David Annand
Posted Date:
Students also viewed these accounting questions
-
A partial work sheet for the month ended june 30, 20- for adams shoe shine is shown. 1) Prepare closing entries. 2) Post the closing entries to the T accounts. Closing Entries (Net Income)...
-
The trial balance of Clayton Cleaners for the month ended September 30 is as follows: Data for the adjustments are as follows: a. Expired or used- up insurance, $ 800. b. Depreciation expense on...
-
The following is Schulte Corporation's transactions worksheet for the month of March, 2015. Each line represents the dollar amount of a transaction for the month. Required: 1. Prepare journal entries...
-
Rachael Ray Corporation had the following transactions. 1. Sold land (cost $12,000) for $15,000. 2. Issued common stock for $20,000. 3. Recorded depreciation of $17,000. 4. Paid salaries of $9,000....
-
The accompanying table is similar to Table. It is used to make the preliminary computations for finding the least squares line for the given pairs of x and y values. a. Complete the table. b. Find...
-
Give the general journal entry to record the April 1, 2016, bond issue. Third Corporation issued $600,000 of its 7 percent bonds payable on April 1, 2016. The bonds were issued at face value....
-
List three or four criteria you could use to qualify a lead as a likely prospect. How would you find out if the lead meets these criteria?
-
Walshs Juice Company produces three products from unprocessed grape juicebottled juice, frozen juice concentrate, and jelly. It purchases grape juice from three vineyards near the Great Lakes. The...
-
Last year, Dixon Company produced 11,000 units and sold 9,000 units. The company had no beginning inventory Dixon incurred the following costs: Direct materials per unit Direct labor per unit...
-
A perishable dairy product is ordered daily at a particular supermarket. The product, which costs $1.19 per unit, sells for $1.65 per unit. If units are unsold at the end of the day, the supplier...
-
C: It is possible to distinguish between phosphine complexes of Pt and Rh by "P (100% abundant) NMR spectroscopy. Given that 19Pt is 33% abundant and 103Rh is 100% abundant, and both have nuclear...
-
As a stockholder would you rather have: A.stock split B.stock dividend C. cash Dividend /describe your reasoning. Describe the difference between representativeness and conservatism in behavioral...
-
From the case: Bitcoin: The Future of Digital Payments In relate to the recent issue of Libra, what is your view on the digital currency? What opportunity do you foresee?
-
The Horizon Cable Manufacturing Company incurred the following costs while manufacturing and selling its high voltage cables to SMUD and Washington Public Power. Direct Materials used $ 114,000...
-
How do you keep track of your income to prepare for tax season each year?
-
what ways do you leverage strategic planning frameworks to cultivate a culture of innovation and facilitate the continuous refinement of organizational strategies in response to evolving customer...
-
Prepare a trial balance at July 31 on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet. (1) (2) (3) (4) (5) Cash Unbilled and uncollected revenue for services...
-
Draw and label the E and Z isomers for each of the following compounds: 1. CH3CH2CH==CHCH3 2. 3. 4. CH,CH2C CHCH2CH Cl CH3CH2CH2CH2 CH CH2CCCH2CI CHCH3 CH3 HOCH CH CCC CH O-CH C(CH
-
How is the amortization of bond premium recorded in the accounting records? the amortization of bond discount?
-
Assume a company has the following financial information: Cash and short-term investments $ 6 Prepaid expenses -0- Capital assets 90 Total liabilities 40 Shareholders' equity 140 Sales 420 Credit...
-
Which steps in the accounting cycle occur at the end of the fiscal year? Explain how they differ from the other steps.
-
One might naively think that a collection \(\left(X_{t}, t \in \mathbb{R}^{+} ight)\)of independent r.v's may be chosen "measurably," i.e., with the map \[\left(\mathbb{R}^{+} \times \Omega,...
-
Chi-squared Law. A noncentral chi-squared law \(\chi^{2}(\delta, \alpha)\) with \(\delta\) degrees of freedom and noncentrality parameter \(\alpha\) has the density \[\begin{aligned}f(x ; \delta,...
-
If \(X\) is a positive random variable, prove that its negative moments are given by, for \(r>0\) : (a) \(\quad \mathbb{E}\left(X^{-r} ight)=\frac{1}{\Gamma(r)} \int_{0}^{\infty} t^{r-1}...
Study smarter with the SolutionInn App