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E4-1 The trial balance columns of the worksheet for Briscoe Company at June 30, 2008, are as
For the Month Ended June 30, 2008
Trial Balance
Account Titles Dr. Cr.
Cash $2,320
Accounts Receivable 2,440
Supplies 1,880
Accounts Payable $1,120
Unearned Revenue 240
Common Stock 3,600
Service Revenue 2,400
Salaries Expense 560
Miscellaneous Expense 160
$7,360 $7,360
Other data:
1. A physical count reveals $300 of supplies on hand.
2. $100 of the unearned revenue is still unearned at month-end.
3. Accrued salaries are $280. I came up with 1.1580 supplies 2. 100 unearned revenue and 168 salaries payable is this correct?

  • Accounting -

    How do I balance out the adjustments made by the extra information?

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