Warren Roofing

Worksheet

For the month ended March 31, 2017

Account titles

Cash : DR. 4500

Accounts Receivable :DR.3200

Supplies: DR. 2000

Equipment: DR 11000

Acc. Depre. CR. 1250

Accounts Payable: CR. 2500

Unearned Service Revenue: CR. 550

Owners Capital: CR. 12900

Owners Drawings:DR. 1100

Service Revenue: CR. 6300

Salaries & Wages Paya: DR.1300

Micelllaneous Exp: DR. 400

23,500 || 23,500

Other Data

1) a PHYSCAL COUNT REVEALS ONLY 480 OF ROOFNG SUPPLIES ON HAND

2) DEPRECIATION FOR MARCH IS 250

3) UNEARNED REVENUE ANNOUNTEDTO 260 AT MARCH 31

4) aCCURRED SALARIES ARE 700

5) Adjusted trial balance 24450 , nET INCOME 2420, TOTAL ASSETS 17680

Enter the trial balance on a worksheet and complete worksheet

PREPARE WORKSHEET, FINANCIAL STATMENTS, AND ADJUSTING AND CLOSING ENTIRES

prepare an income statment and owners equity statement for the month of march and a classified balance sheet at march 31. warren made an additional investment to the business of 10000 in march

journalize the adjusting entires from the adjustment colums in worksheet

journalize the closing entries from the financaila statment columns of worksheet