Solution-Trial balance for the company

Trial balance for the company

Assignment Help Cost Accounting

Reference no: EM13922427

Exercise 4-1

The trial balance columns of the worksheet for Cajon Company at June 30, 2014, are as follows.

CAJON COMPANY Worksheet For the Month Ended June 30, 2014
	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.

Reference no: EM13922427

Questions Cloud

Government university that engages in only business : Discuss the financial statements that must be presented by a government university that engages in only business-type activities.

What is the ethical dilemma here : What is the ethical dilemma here and describe the decision-making model you selected from your readings.

What financial statement would show the allocation : After the partnership makes the decision above, what financial statement would show the allocation of partnership income among the partners

Market share and industry share are different : A strategy canvas can depict the relative performance across key competitive factors for both an industry and a particular company or group of companies.

Trial balance for the company : The trial balance columns of the worksheet for Cajon Company at June 30, 2014

Ethical principles can address organizational issues : Write a 750- to 1,050-word paper describing how ethical principles can address organizational issues. Include the organization you selected and discuss the following with regards to that organization and its industry:

Why are adjustments necessary for intercompany transfers : Why are adjustments necessary for intercompany transfers? What are some ways the financials would be misstated if these intercompany transfers were not adjusted

Exchange for brick sold to sunset designs : Writes off a $750 account receivable arising from a sale to Southwest Desert Accents that dates to 10 months ago.Phoenix receives a $1,000, 90-day, 10% note in exchange for brick sold to Sunset Designs. The brick cost $600.

Analyze three specific potential malicious attacks : Analyze three (3) specific potential malicious attacks and / or threats that could be carried out against the network and organization.

User Account

All Pages

Trial balance for the company

Reference no: EM13922427

Reference no: EM13922427

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT