Exercise 4-1The trial balance columns of the worksheet for Nanduri Company at June 30, 2014, are as follows.NANDURI COMPANYWorksheetFor the Month Ended June 30, 2014Trial BalanceAccount TitlesCashAccounts ReceivableSuppliesAccounts PayableUnearned Service RevenueOwnerâ€™s CapitalService RevenueSalaries and Wages ExpenseMiscellaneous ExpenseTotalDr.2,4052,7581,9961,0074202,8593,6665472467,952Other data:1.2.3.A physical count reveals $545 of supplies on hand.$147 of the unearned revenue is still unearned at month-end.Accrued salaries are $120.Complete the worksheet.Cr.7,952NANDURI COMPANYWorksheetFor the Month Ended June 30, 2014TrialBalanceAccountTitlesDrCash2,405AccountsReceivable2,758SuppliesCr.1,996AccountsPayableUnearnedService1,007420AdjustmentsDrCr.Adj. Trial BalanceDrCr.Income StatementDrCr.Balance SheetDrCr.RevenueOwner’sCapital2,859ServiceRevenue3,666Salaries andWagesExpense547Miscellaneous Expense246Totals7,952 7,952SuppliesExpenseSalaries andWagesPayableTotalsNet IncomeTotalsSHOW LIST OF ACCOUNTSLINK TO TEXTBy accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor.
The reference papers provided by Writerbay.net serve as model papers for students and are not to be submitted as it is. These papers are intended to be used for research and reference purposes only.
Phone: +1 (940) 905 5542