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The Unadjusted Trial Balance for Dominion Transmission Inc for the year ended 30 June 2020 is presented in the Worksheet provided. Additional Information on 30

The Unadjusted Trial Balance for Dominion Transmission Inc for the year ended 30 June 2020 is presented in the Worksheet provided.

Additional Information on 30 June 2020:

  1. On 1 July 2019, the company bought Equipment at $10,000. The expected useful life is 10 years and the estimated scrap value is $1,000.
  2. Performed 100% of services for $850 received in advance.
  3. On 1 June 2020, the owner paid $3,300 rent for June and the next two months.
  4. A stocktake shows the supplies on hand on the end of the month is $1,000.
  5. The companys payroll estimated there is an unpaid wage of $1,900image text in transcribedimage text in transcribedimage text in transcribed
Dominion Transmission Inc Worksheet For the year ended 30 June 2020 Trial Balance Trial Balance Income Adjustments Balance Sheet (Unadjusted) (Adjusted) Statement Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 6,000 Account title Cash at Bank 3,300 Prepaid Rent Office Supplies Equipment 2,500 10,000 Unearned Revenue 850 Capital 13,450 Revenue 9,750 Rent Expense 2,250 Totals 24,050 24,050 Profit/(Loss) Totals

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