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So I have absolutely no idea what I'm doing, I read through the chapter but this doesn't match up very well. What would a worksheet
So I have absolutely no idea what I'm doing, I read through the chapter but this doesn't match up very well.
What would a worksheet look like if I had to include adjustments accounted for and adjusted trial blance?
How do I :
- Show a worksheet for Dick's Repair Service for the month of June.
- Show an income statement for June, a statement of owner's equity for June, and a balance sheet as of June 30, 201X.
The Check Figure they gave me was : Net Income $4,390
4A-4. The trial balance for Dick's Repair Service appears attached.
Adjustment Data to Update Trial Balance
- Insurance expired, $450.
- Repair supplies on hand, $2,800.
- Depreciation on repair equipment, $300.
- Wages earned but unpaid, $240.
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