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Please answer the question *Problem 4-1A The trial balance columns of the worksheet for Bramble at March 31, 2019, are as follows. Bramble Worksheet For
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*Problem 4-1A The trial balance columns of the worksheet for Bramble at March 31, 2019, are as follows. Bramble Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Dr Cr. Cash 4,800 Accounts Receivable 3,300 Supplies 2,000 Equipment 11,264 Accumulated Depreciation-Equipment 1,280 Accounts Payable 2,300 Unearned Service Revenue 400 Common Stock 10,584 Retained Earnings 3,000 Dividends 1,200 Service Revenue 6,500 Salaries and Wages Expense 1,200 Miscellaneous Expense 300 24,064 24,064 Other data: 1. 2. 3. 4. A physical count reveals only $400 of roofing supplies on hand. Depreciation for March is $256. Unearned service revenue amounted to $190 at March 31. Accrued salaries are $600. Enter the trial balance on a worksheet and complete the worksheet. Bramble Worksheet Trial Balance Dr. Cr. Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. Income Statement Dr. Cr. Balance Sheet Dr. Cr. Account Titles Cash 4,800 Accounts Receivable 3,300 Supplies 2,000 Equipment 11,264 Accumulated Depreciation-Equipment 1,280 Accounts Payable 2,300 Unearned Service Revenue 400 Common Stock 10,584 Retained Earnings 3,000 Dividends 1,200 Service Revenue 6,500 Salaries and Wages Expense 1,200 Miscellaneous Expense 300 Totals 24,064 24,064 Supplies Expense Depreciation Expense Salaries and Wages Payable Totals Net Income Totals Prepare an income statement for the month of March. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Prepare an income statement for the month of March. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Bramble Income Statement Prepare a retained earnings statement for the month of March. (List items that increase retained earnings first.) Bramble Retained Earnings Statement Prepare a classified balance sheet at March 31. (List Current Assets in order of liquidity.) Bramble Balance Sheet Assets Liabilities and Stockholders' Equity $ Journalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Joumalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 (To record adjusting entry for supplies.) Mar. 31 (To record adjusting entry for depreciation.) Mar. 31 (To record adjusting entry for unearned service revenue.) Mar. 31 (To record adjusting entry for salaries and wages expenses.) Journalize the closing entries from the financial statement columns of the worksheet. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Mar. 31 (To dose revenue account.) Mar. 31 (To dose expense accounts.) Mar. 31 (To dose net income / (loss).) Mar. 31 (To dose dividends.) Question Attempts: 1 of 2 used
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