P4-1A The trial balance for Undercover Roofing for the month ended March 31, 2008, is as follows. Trial Balance Other data: Account Titles Dr. $ 2,500 1,800 1,100 6,000 Cr. 1. Supplies on hand total $140. Cash Accounts Receivable 2. Depreciation for March is $200. Roofing Supplies Equipment Accumulated Depreciation Accounts Payable 3. Unearned revenue amounted to $ 1,200 1,400 $130 on March 31. 4. Accrued salaries are $350. Unearned Revenue 300 I. Spy, Capital I. Spy, Drawing 7,000 600 Instructions Service Revenue 3,000 a. Prepare and complete the Salaries Expense Miscellaneous Expense 700 worksheet. 200 $ 12,900 $12,900 Totals

P4-1A The trial balance for Undercover Roofing for the month ended March 31, 2008, is as follows. Trial Balance Other data: Account Titles Dr. $ 2,500 1,800 1,100 6,000 Cr. 1. Supplies on hand total $140. Cash Accounts Receivable 2. Depreciation for March is $200. Roofing Supplies Equipment Accumulated Depreciation Accounts Payable 3. Unearned revenue amounted to $ 1,200 1,400 $130 on March 31. 4. Accrued salaries are $350. Unearned Revenue 300 I. Spy, Capital I. Spy, Drawing 7,000 600 Instructions Service Revenue 3,000 a. Prepare and complete the Salaries Expense Miscellaneous Expense 700 worksheet. 200 $ 12,900 $12,900 Totals

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter3: Basic Accounting Systems: Accrual Basis

Section: Chapter Questions

Problem 3.6.1P: Adjustment process and financial statements Adjustment data for Ms. Ellen’s Laundry Inc. for the...

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