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Acc557 Chapter 4 | Complete Solution
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Exercise 4-1
The trial balance columns of the worksheet for Cajon Company at June 30, 2014, are as follows.
CAJON COMPANY |
||||
Trial Balance |
||||
Account Titles |
Dr. |
Cr. |
||
Cash |
$4,198 |
|||
Accounts Receivable |
2,671 |
|||
Supplies |
1,977 |
|||
Accounts Payable |
$1,085 |
|||
Unearned Service Revenue |
374 |
|||
Common Stock |
4,830 |
|||
Service Revenue |
3,541 |
|||
Salaries and Wages Expense |
851 |
|||
Miscellaneous Expense |
133 |
|||
$9,830 |
$9,830 |
Other data:
1. |
A physical count reveals $343 of supplies on hand. |
|
2. |
$116 of the unearned revenue is still unearned at month-end. |
|
3. |
Accrued salaries are $246. |
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Acc557 Chapter 4 | Complete Solution
Account Titles Trial Balance Adjustments Adj. Trial Balance Income Statement Balance Sheet
Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.
Cash $4,198 $4,198 $4,198
Accounts Receivable $2,671 $2,671 $2,671
Supplie...