The trial balance columns of the worksheet for Firmament Roofing at March 31, statements, and adjusting 2014, are as follows.

and closing entries.

Firmament Roofing L011, 2,6 ( Worksheet For the Month Ended March 31, 2014 Trial Balance Account Titles ie Cr Cash 2,720 Accounts Receivable 2,700 Supplies 1,500 Equipment 11,000 Accumulated Depreciation—Equipment 1,250 Accounts Payable 2,500 Unearned Service Revenue 550 Common Stock 10,000 Dividends 1,100 Service Revenue 6,300 Salaries and Wages Expense 1,300 Miscellaneous Expense 280 20,600 20,600 Other data:

1. A physical count reveals only $550 of roofing supplies on hand.

2. Depreciation for March is $250.

3. Unearned revenue amounted to $290 at March 31.

(a) Adjusted trial balance spcemee Sales

$21,330 Instructions

(b) Net income $3,300

(a) Enter the trial balance on a worksheet and complete the worksheet.

Total assets $15,470

(b) Prepare an income statement and a retained earnings statement for the month of Complete worksheet: prepare March and a classified balance sheet at March 31. Common stock of $10,000 was isfinancial statements, closing sued for cash at the beginning of March.

entries, and post-closing trial |

(c) Journalize the adjusting entries from the adjustments columns of the worksheet.

balance.

(d) Journalize the closing entries from the financial statement columns of the worksheet.