The trial balance columns of the worksheet for Sheridan Company at June 30, 2020, are as follows.Sheridan CompanyWorksheetFor the Month Ended June 30, 2020 Trial BalanceAccount Titles Dr. Cr.Cash 2,000 Accounts Receivable 2,800 Supplies 1,900 Accounts Payable 1,100Unearned Service Revenue 420Owner’s Capital 2,330Service Revenue 3,600Salaries and Wages Expense 600 Miscellaneous Expense 150 Total 7,450 7,450Other data:1. A physical count reveals $400 of supplies on hand.2. $140 of the unearned revenue is still unearned at month-end.3. Accrued salaries are $220. SHERIDAN COMPANYWorksheetAccount TitlesTrial BalanceAdjustmentsAdj. Trial BalanceIncome StatementBalance SheetDrCr.DrCr.DrCr.DrCr.DrCr.Cash2,000Accounts Receivable2,800Supplies1,900Accounts Payable1,100Unearned Service Revenue420Owner's Capital2,330Service Revenue3,600and Wages Expense600Miscellaneous Expense150Totals7,4507,450Supplies ExpenseSalaries and Wages PayableTotalsNet IncomeTotals

Name: The trial balance columns of the worksheet for Sheridan Company at Jun
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Description: The trial balance columns of the worksheet for Sheridan Company at June 30, 2020, are as follows.Sheridan CompanyWorksheetFor the Month Ended June 30, 2020 Trial BalanceAccount Titles Dr. Cr.Cash 2,000 Accounts Receivable 2,800 Supplies 1,900 Acc

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ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter1: Accounting As A Form Of Communication

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Problem 1.8E: Classification of Financial Statement Items Classify each of the following items according to (1)...

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The trial balance columns of the worksheet for Sheridan Company at June 30, 2020, are as follows.

Sheridan Company Worksheet For the Month Ended June 30, 2020
	Trial Balance
Account Titles	Dr.	Cr.
Cash	2,000
Accounts Receivable	2,800
Supplies	1,900
Accounts Payable		1,100
Unearned Service Revenue		420
Owner’s Capital		2,330
Service Revenue		3,600
Salaries and Wages Expense	600
Miscellaneous Expense	150
Total	7,450	7,450

Other data:

1.		A physical count reveals $400 of supplies on hand.
2.		$140 of the unearned revenue is still unearned at month-end.
3.		Accrued salaries are $220.

SHERIDAN COMPANY
Worksheet
Account Titles
Trial Balance
Adjustments
Adj. Trial Balance
Income Statement
Balance Sheet
Dr
Cr.
Dr
Cr.
Dr
Cr.
Dr
Cr.
Dr
Cr.
Cash
2,000
Accounts Receivable
2,800
Supplies
1,900
Accounts Payable
1,100
Unearned Service Revenue
420
Owner's Capital
2,330
Service Revenue
3,600
and Wages Expense
600
Miscellaneous Expense
150
Totals
7,450
7,450
Supplies Expense
Salaries and Wages Payable
Totals
Net Income
Totals

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