Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

The trial balance columns of the worksheet for Crane Company at June 30, 2022, are as follows. Crane Company Worksheet For the Month Ended June

image text in transcribed

image text in transcribed

image text in transcribed

The trial balance columns of the worksheet for Crane Company at June 30, 2022, are as follows. Crane Company Worksheet For the Month Ended June 30, 2022 Trial Balance Account Titles Dr. Cr. Cash 2.500 Accounts Receivable 2.700 Supplies 1,900 Accounts Payable 1,000 Unearned Service Revenue 350 Owner's Capital 2.810 Service Revenue 3,600 Salaries and Wages Expense 500 Miscellaneous Expense 160 Total 7,760 7,760 7,760 Other data: 1. A physical count reveals $ 700 of supplies on hand. 2. $ 190 of the unearned revenue is still unearned at month-end. 3. Accrued salaries are $ 220. Complete the worksheet. = LI. DI UI. Cash 2,500 Accounts Receivable 2,700 Supplies 1,900 Accounts Payable 1,000 Unearned Service Revenue 350 Owner's Capital 2,810 Service Revenue 3,600 Salaries and Wages Expense 500 Miscellaneous Expense 160 Totals 7,760 7,760 7,760 Supplies Expense Salaries and Wages Payable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones Of Cost Management

Authors: Don R. Hansen, Maryanne M. Mowen

3rd Edition

9781305147102, 1285751787, 1305147103, 978-1285751788

Students also viewed these Accounting questions