Question
The trial balance columns of the worksheet using a perpetual inventory system for Cheyenne Corp. at June 30, 2022, are as follows. Other data: Operating
The trial balance columns of the worksheet using a perpetual inventory system for Cheyenne Corp. at June 30, 2022, are as follows. Other data: Operating expenses incurred on account, but not yet recorded, total $ 1,670. Complete the worksheet.
Cheyenne Corp. Worksheet For the Month Ended June 30, 2022 | ||||||||||||||||||||
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Account Titles | Trial Balance | Adjustments | Adj. Trial Balance | Income Statement | Balance Sheet | |||||||||||||||
Dr. | Cr. | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. | |||||||||||
Cash | $ 3,170 | $ enter a debit amount | $ enter a credit amount | $ enter an adjusted dedit balance | $ enter an adjusted credit balance | $ enter a debit amount | $ enter a credit amount | $ enter a debit balance | $ enter a credit balance | |||||||||||
Accounts Receivable | 3,390 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Inventory | 14,200 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Accounts Payable | $ 2,200 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Common Stock | 4,040 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Sales Revenue | 53,580 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Cost of Goods Sold | 24,710 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | |||||||||||
Operating Expenses | 14,350 | enter a debit amount | enter a credit amount | enter an adjusted dedit balance | enter an adjusted credit balance | enter a debit amount | enter a credit amount | enter a debit amount | enter a credit balance | |||||||||||
Totals | $ 59,820 | $ 59,820 | $ 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 | $ enter a total of the two previous amounts | $ enter a total of the two previous amounts | $ enter a total of the two previous amounts | $ enter a total of the two previous amounts |
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