Question

Exercise 401 The trial balance columns of the worksheet for lumber Company at June 30, 2020, are as follows. Cullumber Company Worksheet For the Month Ended June 30, 2020 Trial Balance Account Titles Dr. Cr. 2.400 1,900 Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Owner's Capital Service Revenue Salaries and Wages Expense Miscellaneous Expense 1,100 370 2,170 3,700 640 200 7,340 Total 7,340 Other data 1. A physical count reveals $300 of supplies on hand. 2 $200 of the uncanned revenue is so unearned at month end. 3. Accrued salaries are $270. Complete the worksheet CULLUMBER COMPANY Worksheet Account Titles Adj. Trial Balance Accounts Receivable 2.400 Supplies 1,900 Accounts Payable Useamed Service Revenge

Answer 1

Cullumber Company- Worksheet
	Trial Balance		Adjustment		Adj Trial Balance		Income Statement		Balancesheet
Account Tittle	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit
											Cash	$2,200.00				$2,200.00				$2,200.00
											Account Receivabel	$2,400.00				$2,400.00				$2,400.00
Supplies	$1,900.00			$300.00	$1,600.00				$1,600.00
Account Payable		$1,100.00				$1,100.00				$1,100.00
Unearned Revenue		$370.00	$170.00			$200.00				$200.00
Salaries Payable				$270.00		$270.00				$270.00
Owner's Capital		$2,170.00				$2,170.00				$4,630.00
Servcie Revenue		$3,700.00		$170.00		$3,870.00		$3,870.00
Salaries & Wages Expense	$640.00		$270.00		$910.00		$910.00
Misc. Expense	$200.00				$200.00		$200.00
Supplies Expense			$300.00		$300.00		$300.00
Net Income							$2,460.00
Total	$7,340.00	$7,340.00	$740.00	$740.00	$7,610.00	$7,610.00			$6,200.00	$6,200.00