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The trial balance columns of the worksheet for Culver at March 31, 2019, are as follows. Culver Worksheet For the Month Ended March 31, 2019

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The trial balance columns of the worksheet for Culver at March 31, 2019, are as follows. Culver Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Cr 4.100 2,700 1,620 11,176 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Miscellaneous Expense 1,270.0 2,170 680 9,940 1,916 1,190 6,300 1,130 360 22,276 22,276 Other data: 1. A physical count reveals only $500 of roofing supplies on hand. 2. Depreciation for March is $254 3. Unearned service revenue amounted to $150 at March 31. . Accrued salaries are $ 600. Your answer is correct. Enter the trial balance on a worksheet and complete the worksheet. For the Month Ende Trial Balance Adjustments Adjusted T Account Titles Cr. Dr Cr. Dr. 4,100 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings 4100 2,700 2700 1120 11.176 1,270.0 2,170 530 9,940 1,916 1,190 1190 530 Service Revenue Salaries and Wages Expense Miscellaneous Expense 1,130 1730 360 Totals 22,276 22,276 Supplies Expense Depreciation Expense Salaries and Wages Payable 1120 1120 254 254 Totals 2504 2504 23130 Net Income Totals Enter the trial balance on a worksheet and complete the worksheet. er heet March 31, 2019 al Balance Income Statement Balance Sheet Cr. Dr. Cr. Dr Cr 4100 2700 500 1524 2170 150 1524 2170 150 9940 9940 1916 1916 1190 6830 6830 1730 360 1120 254 600 600 23130 6830 19666 16300 6830 6830 19666 19666 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).) Culver Income Statement For the Month Ended March 31, 2019 Revenues Service Revenue 6830 Expenses 1730 360 254 1120 Salaries and Wages Expense Depreciation Expense Supplies Expense Total Expenses 3464 Net Income / (Loss) 3366 Prepare a retained earnings statement for the month of March. (List items that increase retained earnings first.) Culver Retained Earnings Statement For the Month Ended March 31, 2019 Retained Earnings, March 1 1916 Add Net Income/ (Loss) 3366 5282 Less Dividends 1190 Retained Earnings, March 31 4092 Culver Balance Sheet Assets Current Assets Cash 4100 Accounts Receivable 2700 Supplies 1620 Total Current Assets 8420 Property, Plant and Equipment Equipment Less Accumulated Depreciation-Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Salaries and Wages Payable Unearned Service Revenue Total Current Liabilities 2170 Stockholders' Equity Common Stock Retained Earnings Total Liabilities and Stockholders' Equity Net Income /(Loss)

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