Question

Problem 4-01A a-d (Part Level Submission) The trial balance columns of the worksheet for Lampert Roofing at March 31, 2019, are as follows. Lampert Roofing Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Dr. Cr. Cash 4,500 Accounts Receivable 3,200 Supplies 2,000 Equipment 11,000 Accumulated Depreciation Equipment 1,250 Accounts Payable 2,500 Unearned Service Revenue 550 Common Stock 10,000 Retained Earnings 2,900 Dividends 1,100 Service Revenue 6,300 Salaries and Wages Expense 1,300 Miscellaneous Expense 400 23,500 23,500

Answer 1

	Trial Balance		Adustments		Adjustmented Trial Balance		Income Statement		Balance Sheet
Account Titles	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.
Cash	4,500				4,500				4,500
Accounts Receivables	3,200				3,200				3,200
Supplies	2,000			1,450	550				550
Equipment	11,000				11,000				11,000
Accumulated Depreciation - Equipment		1,250		250		1,500				1,500
Accounts Payables		2,500				2,500				2,500
Unearned Service revenue		550	340			210				210
Common Stock		10,000				10,000				10,000
Retained Earnings		2,900				2,900				2,900
Dividends	1,100				1,100				1,100
Service Revenue		6,300		340		6,640		6,640
Salaries and Wages Expense	1,300		700		2,000		2,000
Miscellaneous Expense	400				400		400
Totals	23,500	23,500
Supplies Expense			1,450		1,450		1,450
Depreciation Expense			250		250		250
Salaries and Wages Payables				700		700				700
Totals			2,740	2,740	24,450	24,450	4,100	6,640	20,350	17,810
Net Income							2,540			2,540
Totals							6,640	6,640	20,350	20,350
Adjustments	1).	Physical count revelead that there is only 550 in hand, so supplied at end will be 550, 1450 is credited, as ending supplies balance is 550. Also Debited 1450 to supplies expense
	2).	Depreciation for March is $250. Expensed the amount.
	3).	Unearned revenue is 210 as of March 31, recognized the service revenue amount. Debited to unearned service revenue and credited to service revenue to show the differences
	4).	Accrued salary - $700. Adjusted to Salaries and payables