ACC 280 Briscoe Company

ACC 280 Briscoe Company - 300 Salaries Expense 840 1,120...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Briscoe Company Worksheet June 30, 2008 Unadjusted TB Adjustments Adjusted TB Income Statement 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 Neo 3,600 Service Revenue 2,400 140 2,540 2,540 Salaries Expense 560 280 840 840 Miscellaneous 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 2,540 40 2,580 2,580 Adjusting Entries: Supplies Expense 1,580 Ne Supplies 1,580 Unearned Revenue 140 Service Revenue 140 Salaries Expense 280 Salaries Payable 280
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Briscoe Company Income Statement For the Month Ended June 30, 2008 Balance Sheet Revenues: 2,320 Neo Service Revenue 2,540 2,440 Expenses:
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 300 Salaries Expense 840 1,120 Miscellaneous Expense 160 100 Supplies Expense 1,580 (2,580) 3,600 Net Loss (40) Briscoe Company Statement of Retained Earnings 280 For the Month Ended June 30, 2008 5,060 5,100 Retained Earnings, beginning- 40 Less; Net Loss (40) 5,100 5,100 Retained Earnings, ending (40) Briscoe Company Balance Sheet June 30, 2008 ASSETS: Cash 2,320 Accounts Receivable 2,440 Neo Supplies 300 Total Assets 5,060 LIABILITIES and STOCKHOLDERS' EQUITY Laibilities: Accounts Payable 1,120 Unearned Revenue 100 Salaries Payable 280 Total Liabilities 1,500 Stockholders' Equity: Common Stock 3,600 Retained Earnings (40) Total Stockholders' Equity 3,560 Total Liab and Stockholders' Equity 5,060...
View Full Document

{[ snackBarMessage ]}

Page1 / 2

ACC 280 Briscoe Company - 300 Salaries Expense 840 1,120...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online