Appendix E - Axia College Material Appendix E Preparing a...

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Axia College Material Appendix E Preparing a Financial Statement Worksheet Complete the 10-column worksheet for Briscoe Company. Your totals will be verified. BRISCOE COMPANY Work Sheet For the Month Ended June 30, 2008 Unadjusted Adjusted Inco Trial Balance Adjustments Trial Balance State Account Debit Credit Debit Credit Debit Credit Debit Cash 2,320 2,320 Accounts Receivable 2,440 2,440 Supplies 1,880 1,580 300 Accounts Payable 1,120 1,120 Unearned Revenue 240 140 100 Common Stock 3,600 3,600 Service Revenue
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Unformatted text preview: 2,400 140 2,540 Salaries Expense 560 280 840 840 Misc. Expense 160 160 160 Totals 7,360 7,360 Supplies Expense 1,580 1,580 1,580 Salaries Payable 280 280 Totals 2,000 2,000 7,640 7,640 2,580 Net Loss Totals ^Correct! ^Correct! Correct! Correct! 2,580 ^Correct! Balance Sheet ome & Statement ement of Owner's Equity Credit Debit Credit 2,320 2,440 300 1,120 100 3,600 2,540 280 2,540 5,060 5,100 40 40 0 2,580 5,100 5,100 ^Correct! ^Correct! ^Correct!...
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  • Fall '09
  • Income Statement, Generally Accepted Accounting Principles, Double-entry bookkeeping system, briscoe company, TRIAL BALANCE Debit

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