The trial balance columns of the worksheet for Nanduri Company at June 30, 2020, are as follows.
Question:
The trial balance columns of the worksheet for Nanduri Company at June 30, 2020, are as follows.
Other data:
- A physical count reveals $500 of supplies on hand.
- $100 of the unearned revenue is still unearned at month-end.
- Accrued salaries are $210.
Instructions
Enter the trial balance on a worksheet and complete the worksheet.
Transcribed Image Text:
Nanduri Company Worksheet For the Month Ended June 30, 2020 Trial Balance Account Titles Dr. Cr. Cash 2,320 Accounts Receivable 2,440 Supplies Accounts Payable 1,880 1,120 Unearned Service Revenue 240 3,600 Common Stock Service Revenue 2,400 Salaries and Wages Expense 560 Miscellaneous Expense 160 7,360 7,360
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
Account Titles Cash Accounts Receivable Supplies Accounts Payable ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-1119392132
3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
Students also viewed these Business questions
-
The adjusted trial balance columns of the worksheet for Goode Company are as follows. InstructionsComplete theworksheet. GOODE COMPANY Worksheet (partial) for the Month Ended April 30, 2010 Adjusted...
-
The trial balance columns of the worksheet for Barbosa Company, SA at June 30, 2017, are as follows. Other data: Operating expenses incurred on account, but not yet recorded, total R$1,640....
-
The trial balance columns of the worksheet for Barbosa Company at June 30, 2014, are as follows. Barbosa Company Worksheet For the Month Ended June 30, 2014 Other data: Operating expenses incurred on...
-
Give the three ways to eliminate the balance in the overhead account at the end of the year.
-
In each of the following situations, would primary or secondary data be more available and applicable? Why? a. The makers of Kool Aid sugar-free flavored drink mixes need information about sales...
-
How are cash equivalents and compensating balances reported in the financial statements? AppendixLO1
-
PC World rated four component characteristics for 10 ultraportable laptop computers: features; performance; design; and price. Each characteristic was rated using a 0100 point scale. An overall...
-
Bruno Industries expects credit sales for January, February, and March to be $200,000, $260,000, and $300,000, respectively. It is expected that 75% of the sales will be collected in the month of...
-
Ch 0 7 Ex 7 - 3 i 1 Exercise 7 - 3 ( Algo ) Manufacturing: Production budget LO P 1 5 points Skipped Ruiz Company provides the following budgeted sales for the next four months. The company wants to...
-
The determinant of a 3 3 matrix A is defined as follows. Evaluate the determinant using the method of diagonals. a12 a13 fA 3 | 21 zz |, then | 2 . a11 a13 a12 a21 a22 |1 2 (2 + 122331 + az12) ...
-
On April 10, 2020, fire damaged the office and warehouse of Corvet Company. Most of the accounting records were destroyed, but the following account balances were determined as of March 31, 2020:...
-
The adjusted trial balance columns of the worksheet for DeSousa Company are as follows. Instructions Complete the worksheet. DeSousa Company Worksheet (partial) For the Month Ended April 30, 2020...
-
Emma Emerson is a proud woman with a problem. Her daughter has been accepted into a prestigious law school. While Ms. Emerson beams with pride, she is worried sick about how to pay for the school;...
-
A current event analysis where the article must focus on a management concepts). You will read the article and then provide an analysis of the subject matter discussed. The article should complement...
-
Given an exponential distribution with =20, what is the probability that the arrival time is a. less than X=0.2? b. greater than X = 0.2? c. between X=0.2 and X 0.3? d. less than X=0.2 or greater...
-
Choose at least two measures of employee attitudes. Discuss them and tell me about your discussion. Which group you believe are the most effective and efficient measures? Why? 2) Discuss turnover,...
-
You have been employed as a systems analyst in the information systems organization of a medium-sized consumer goods manufacturer for three years. You are quite surprised when your manager offers you...
-
For your initial post, address the following: First, introduce yourself to the class by sharing a bit about yourself, such as your preferred name or pronouns, where you are from, what your major is,...
-
(a) The shaft of the sun gear in the planetary geartrain is held stationary by a brake (Figure P8.34). Determine the relationship between the rotational speeds of the shafts for the ring gear and...
-
Evaluate the function at the given value(s) of the independent variable. Simplify the results. (x) = cos 2x (a) (0) (b) (- /4) (c) (/3) (d) ()
-
Name the major ratios useful in assessing (a) Liquidity and (b) Solvency.
-
Name the major ratios useful in assessing (a) Liquidity and (b) Solvency.
-
Name the major ratios useful in assessing (a) Liquidity and (b) Solvency.
-
This table shows the stock returns for Stock A and Stock B in three different scenarios. The first column shows how likely each of the three scenarios is. The risk-free rate is 5%. Calculate the...
-
The STI Desk Company manufactures student desks that it sells for $80 per unit. Current cost information is as follows: Variable Costs: Direct Material per Desk - $20 Direct Labour per Desk - $15...
-
8. Implied interest rate and period Aa Aa Consider the case of the following annuities, and the need to compute either their expected rate of return or duration Jacob needed money for some unexpected...
Study smarter with the SolutionInn App