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BRISCOE COMPANY Worksheet for the Month Ended June 30, 2010 Trial Balance Account Titles Dr. Cr....

Question:

BRISCOE COMPANY Worksheet for the Month Ended June 30, 2010 Trial Balance Account Titles Dr. Cr. Cash $2,320 Accounts Receiva

BRISCOE COMPANY Worksheet for the Month Ended June 30, 2010 Trial Balance Account Titles Dr. Cr. Cash $2,320 Accounts Receivable 2,440 Supplies 1,880 Accounts Payable $1,120 Unearned Revenue 240 Lenny Briscoe, Capital 3,600 Service Revenue 2,400 Salaries Expense 560 Miscellaneous Expense 160 $7,360 $7,360 Other data: 1. A physical count reveals $300 of supplies on hand. 2. $100 of the unearned revenue is still unearned at month-end. 3. Accrued salaries are $280. Instructions Enter the trial balance on a worksheet and complete the worksheet.

Answers

Unadjusted Adjustments Adjusted Trial Balance
Account Dr. Cr. Dr. Cr. Dr. Cr.
Cash          2,320         2,320
Accounts Recivbale          2,440         2,440
Supplies          1,880            300         1,580
Accounts Payable          1,120         1,120
Unearned Revenue             240            140 100
Lenny, Capital          3,600         3,600
Service Revenue          2,400            140         2,540
Salaries Expense             560            280            840
Misc. Expense             160            160
Supplies expense            300            300
Salary PAYABLE            280            280
Total          7,360          7,360            720            720         7,640         7,640
.

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