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I am stuck on this question and am not getting correct. Please help me understand. The trial balance columns of the worksheet for Sandhill Company
I am stuck on this question and am not getting correct. Please help me understand.
The trial balance columns of the worksheet for Sandhill Company at June 30, 2022, are as follows.
Sandhill Company Worksheet For the Month Ended June 30, 2022 | ||||
---|---|---|---|---|
Trial Balance | ||||
Account Titles | Dr. | Cr. | ||
Cash | 2,000 | |||
Accounts Receivable | 2,300 | |||
Supplies | 2,000 | |||
Accounts Payable | 1,000 | |||
Unearned Service Revenue | 340 | |||
Owner's Capital | 2,750 | |||
Service Revenue | 3,000 | |||
Salaries and Wages Expense | 560 | |||
Miscellaneous Expense | 230 | |||
Total | 7,090 | 7,090 |
Other data:
1. | A physical count reveals $700 of supplies on hand. | |
2. | $160 of the unearned revenue is still unearned at month-end. | |
3. | Accrued salaries are $240. |
Complete the worksheet.
SANDHILL COMPANY Worksheet choose the accounting period June 30, 2022For the Month Ended June 30, 2022For the Year Ended June 30, 2022 | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Account Titles | Trial Balance | Adjustments | Adj. Trial Balance | Income Statement | Balance Sheet | |||||||||||||||
Dr | Cr. | Dr | Cr. | Dr | Cr. | Dr | Cr. | Dr | Cr. | |||||||||||
Cash | 2,000 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Accounts Receivable | 2,300 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Supplies | 2,000 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Accounts Payable | 1,000 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Unearned Service Revenue | 340 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Owner's Capital | 2,750 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Service Revenue | 3,000 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Salaries and Wages Expense | 560 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Miscellaneous Expense | 230 | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Totals | 7,090 | 7,090 | ||||||||||||||||||
Supplies Expense | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||||||
Salaries and Wages Payable | enter a debit amount | enter a credit amount | enter an adjusted debit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||||||
Totals | enter a total for the debit column | enter a total for the credit column | enter a total for the debit column | enter a total for the credit column | enter a total for the debit column | enter a total for the credit column | enter a total for the debit column | enter a total for the credit column | ||||||||||||
Net Income | enter a total net income or loss amount | enter a total net income or loss amount | enter a total net income or loss amount | enter a total net income or loss amount | ||||||||||||||||
Totals |
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