Question

The trial balance columns of the worksheet for Riverbed Company at June 30, 2019, are as follows. Riverbed Company Worksheet For the Month Ended June 30, 2019 Trial Balance Account Titles Dr. Cr. Cash 2,000 Accounts Receivable 2,700 Supplies 1,900 Accounts Payable 1,000 Unearned Service Revenue 380 Common Stock 2,300 Service Revenue 3,600 Salaries and Wages Expense 510 Miscellaneous Expense 170 7,280 7,280 Other data: 1. A physical count reveals $500 of supplies on hand. 2. $100 of the unearned revenue is still unearned at month-end. 3. Accrued salaries are $180. Complete the worksheet.

Exercise 4-01 The trial balance columns of the worksheet for Riverbed Company at June 30, 2019, are as follows. Dr. Cr Riverbed Company Worksheet For the Month Ended June 30, 2019 Trial Balance Account Titles Cash 2,000 Accounts Receivable 2,700 Supplies 1.900 Accounts Payable 1,000 Unearned Service Revenue 380 Common Stock 2,300 Service Revenue 3,600 Salaries and Wages Expense Miscellaneous Expense 510 7.280_7.280 Other data: 1. 2. 3. A physical count reveals $500 of supplies on hand. $100 of the uneared revenue is still unearned at month-end. Accrued salaries are $180. Complete the worksheet. Riverbed Company Worksheet Income Statement Balance Sheet Adj. Trial Balance Dr Сг. Account Titles . Dr Dr 2,000 Cash Accounts Receivable 2,700 Supplies 1,900 Accounts Payable 1,000 380 Unearned Service Revenue Common Stock 2,300 Service Revenue 3,600 Salaries and Wages Expense 510 Miscellaneous Expense 170 Totals 7,280 Supplies Expense Salaries and Wages Payable Totals Net Income Totals Click if you would like to Show Work for this question: Open Show Work

Answer 1

			Trial Balance		Adjustments		Adjusted Trial balance		Income Statement		Balance Sheet
Account titles			DR	CR	DR	CR	DR	CR	DR	CR	DR	CR
Cash			2,000				2,000				2,000
Accounts receivable			2,700				2,700				2,700
supplies			1,900			1,400	500				500
Accounts payable				1,000				1,000				1000
unearned service revenue				380	280			100				100
Common stock				2,300				2,300				2,300
Service revenue				3,600		280		3,880		3,880
Salaries and wage expense			510		180		690		690
Miscellaneous expense			170				170		170
Totals			7,280	7280
Supplies expense					1,400		1,400		1,400
Salaries and wages payable						180		180				180
totals					1860	1,860	7,460	7460
net income									1,620			1,620
totals									3880	3,880	5,200	5200