Question

The trial balance columns of the worksheet for Novak Company at June 30, 2022, are as follows.

Novak Company Worksheet For the Month Ended June 30, 2022
		Trial Balance
Account Titles		Dr.		Cr.
Cash		2,400
Accounts Receivable		2,640
Supplies		1,860
Accounts Payable				1,040
Unearned Service Revenue				420
Common Stock				3,100
Service Revenue				3,100
Salaries and Wages Expense		660
Miscellaneous Expense		100
		7,660		7,660

Other data:

1.		A physical count reveals $500 of supplies on hand.
2.		$200 of the unearned revenue is still unearned at month-end.
3.		Accrued salaries are $290.

Complete the worksheet.

Novak Company Worksheet choose the accounting period                                                          For the Quarter Ended June 30, 2022For the Month Ended June 30, 2022June 30, 2022
		Trial Balance				Adjustments				Adj. Trial Balance				Income Statement				Balance Sheet
Account Titles		Dr		Cr.		Dr		Cr.		Dr		Cr.		Dr		Cr.		Dr		Cr.
Cash		2,400				enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Accounts Receivable		2,640				enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Supplies		1,860				enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Accounts Payable				1,040		enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Unearned Service Revenue				420		enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Common Stock				3,100		enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Service Revenue				3,100		enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Salaries and Wages Expense		660				enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Miscellaneous Expense		100				enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Totals		7,660		7,660
Supplies Expense						enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Salaries and Wages Payable						enter a debit amount		enter a credit amount		enter an adjusted debit balance		enter an adjusted credit balance		enter a debit amount		enter a credit amount		enter a debit balance		enter a credit balance
Totals						enter a total for the debit column		enter a total for the credit column		enter a total for the debit column		enter a total for the credit column		enter a total for the debit column		enter a total for the credit column		enter a total for the debit column		enter a total for the credit column
Net Income														enter a total net income or loss amount		enter a total net income or loss amount		enter a total net income or loss amount		enter a total net income or loss amount
Totals

Answer 1

Novak Company
For the month ended June 30th,2022
	Trial Balance		Adjustments		Adjusted Trial Balance		Income Statement	Balance Sheet
Account Name	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$            2,400.00				$       2,400.00				$       2,400.00
Accounts Receivable	$            2,640.00				$       2,640.00				$       2,640.00
Supplies	$            1,860.00			$ 1,360.00	$          500.00				$           500.00
Accounts Payable		$              1,040.00				$       1,040.00				$         1,040.00
Salary and wages Payable				$     290.00		$           290.00				$            290.00
Unearned Service Revenue		$                  420.00	$                   200.00			$           220.00				$            220.00
Common Stock		$              3,100.00				$       3,100.00				$         3,100.00
Service Revenue		$              3,100.00		$     200.00		$       3,300.00		$   3,300.00
Salaries and Wages Expense	$                660.00		$                   290.00		$          950.00		$            950.00
Miscellaneous Expense	$                100.00				$          100.00		$            100.00
Supplies Expense			$                1,360.00		$       1,360.00		$         1,360.00
Total	$            7,660.00	$              7,660.00	$                1,850.00	$ 1,850.00	$       7,950.00	$       7,950.00	$         2,410.00	$   3,300.00	$       5,540.00	$         4,650.00
Net Income							$            890.00			$            890.00
Total							$         3,300.00	$   3,300.00	$       5,540.00	$         5,540.00
Adjusted Journal Entries
1)	Dr	Cr
Supplies Expense	1360
Supplies		1360
2)
Unearned Service Revenue	200
Service Revenue		200
3)
Salaries and Wages Expense	290
Salaries and Wages Payable		290