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The trial balance columns of the worksheet for Cullumber Roofing at March 31, 2020, are as follows (amounts in thousands). Cullumber Roofing Worksheet For the
The trial balance columns of the worksheet for Cullumber Roofing at March 31, 2020, are as follows (amounts in thousands). Cullumber Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Debit Credit Cash 3,780 Accounts Receivable 2,688 Supplies 1,680 Equipment 9,240 Accumulated Depreciation Equipment 1,050 Accounts Payable 2,100 Unearned Service Revenue 462 Share Capital-Ordinary 10,836 Dividends 924 Service Revenue 5,292 Salaries and Wages Expense 1,092 Miscellaneous Expense 19,740 19,740 1,092*** 336 Other data: 1. A physical count reveals only 404 of roofing supplies on hand. 2. Depreciation for March is \210. 3. Unearned revenue amounted to 218 at March 31. 4. Accrued salaries are 588. Complete the worksheet. Adjustments Income Statement Trial Balance Dr. Cr. Account Titles Cr CULLUMBER ROOFING Worksheet For the Month Ended March 31, 2020 Adjusted Trial Balance Dr. 3780 2688 Dr. Dr. Dr. Cash Y3,780 Accounts Receivable 2,688 Supplies 1,680 404 Equipment 9,240 9240 Accumulated Depreciation Equipment Accounts Payable 1,050 2,100 462 Unearned Service Revenue Share Capital-Ordinary 10,836 10836 Dividends Service Revenue 5,292 Salaries and Wages Expense 1680 1,092 336 19,740 X19,740 Miscellaneous Expense Totals 336 Supplies Expense 1276 Depreciation Expense 210 210 Salaries and Wages Payable 588 588 Totals 2318 D 2 318 * 20538 [ 3502 Net Income 2034 Totals 5536 Attempts: unlimited 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).) CULLUMBER ROOFING Income Statement For the Month Ended March 31, 20204) Revenues Service Revenue Expenses Salaries and Wages Expense Miscellaneous Expense 336 i (Total Expenses (Net Income / (Loss)
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