The trial balance of Airbourne Travel Inc. on March 31, 2017, is as follows: Additional information: 1.

Question:

The trial balance of Airbourne Travel Inc. on March 31, 2017, is as follows:

The trial balance of Airbourne Travel Inc. on March 31,

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 ticket 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. (Ignore income taxes.)

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Related Book For  answer-question

Intermediate Accounting

ISBN: 978-1119048534

11th Canadian edition Volume 1

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

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