Enter trial balance on a worksheet and complete worksheet

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Reference no: EM13522082

The trial balance columns of the worksheet for Linus Company at June 30, 2012, are as Follows

LINUS COMPANY

Worksheet

For the Month Ended June 30, 2012

Account Titles

Debit

Credit

Cash

$ 1,920


Accounts Receivable

2,440


Inventory

11,640


Accounts Payable


$ 1,120

Owner's Capital


3,500

Sales Revenue


42,500

Cost of Goods Sold

20,560


Operating Expenses

10,560



$47,120

$47,120

Other data:

Operating expenses incurred on account, but not yet recorded, total $1,500.

Instructions

Enter the trial balance on a worksheet and complete the worksheet.

Reference no: EM13522082

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