Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Blue Spruce Roofing Worksheet For the Month Ended March 31, 2022 Trial Balance Account Titles Dr. Cr. Cash 4,200 Accounts Receivable 2,800 Supplies 2,500
Blue Spruce Roofing Worksheet For the Month Ended March 31, 2022 Trial Balance Account Titles Dr. Cr. Cash 4,200 Accounts Receivable 2,800 Supplies 2,500 Equipment 10,824 Accumulated Depreciation-Equipment 1,230 Accounts Payable 2,900 Unearned Service Revenue 400 Common Stock 9,794 Retained Earnings 2,100 Dividends 1,200 Service Revenue 6,600 Salaries and Wages Expense 1,000 Miscellaneous Expense 500 23,024 23,024 Other data: 1. 2. A physical count reveals only $700 of roofing supplies on hand. Depreciation for March is $246. 3. Unearned service revenue amounted to $190 at March 31. 4. Accrued salaries are $800. Prepare a classified balance sheet at March 31. (List Current Assets in order of liquidity.) Blue Spruce Roofing Balance Sheet Assets eTextbook and Media List of Accounts $ 69 Liabilities and Stockholders' Equity $ 69 $ $ $ $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started