Question

The trial balance columns of the worksheet for Bramble Roofing at March 31, 2022, are as follows.

Bramble Roofing Worksheet For the Month Ended March 31, 2022
		Trial Balance
Account Titles		Dr.		Cr.
Cash		4,800
Accounts Receivable		3,300
Supplies		2,000
Equipment		11,264
Accumulated Depreciation—Equipment				1,280
Accounts Payable				2,300
Unearned Service Revenue				400
Common Stock				10,584
Retained Earnings				3,000
Dividends		1,200
Service Revenue				6,500
Salaries and Wages Expense		1,200
Miscellaneous Expense		300
		24,064		24,064

Other data:

1.		A physical count reveals only $400 of roofing supplies on hand.
2.		Depreciation for March is $256.
3.		Unearned service revenue amounted to $190 at March 31.
4.		Accrued salaries are $600.

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

After prepare: Journalize the closing entries, Post the closing entries, Post Closing Trial Balance

Thank you

Answer 1

	Worksheet
		Unadjusted		Adjustments		Adjusted
	Account Titles	Debit	Credit	Debit	Credit	Debit	Credit
	Cash	4,800				4,800
	Accounts Receivable	3,300				3,300
	Supplies	2,000			1,600	400
	Equipment	11,264				11,264
	Accumulated Depreciation—Equipment		1,280		256		1,536
	Accounts Payable		2,300				2,300
	Unearned Service Revenue		400	210			190
	Salaries and Wages Payable				600		600
	Common Stock		10,584				10,584
	Retained Earnings		3,000				3,000
	Dividends	1,200				1,200
	Service Revenue		6,500		210		6,710
	Salaries and Wages Expense	1,200		600		1,800
	Miscellaneous Expense	300				300
	Supplies Expense			1,600		1,600
	Depreciation Expense			256		256
	Total	24,064	24,064	2,666	2,666	24,920	24,920
Date	General Journal	Debit	Credit
Mar 31	Service Revenue	6,710
	Income Summary		6,710
Mar 31	Income Summary	3,956
	Salaries and Wages Expense		1,800
	Miscellaneous Expense		300
	Supplies Expense		1,600
	Depreciation Expense		256
Mar 31	Income Summary	2,754
	Retained Earnings		2,754
Mar 31	Retained Earnings	1,200
	Dividends		1,200
	Bramble Roofing
	Closing Trial Balance
	For the Month Ended March 31, 2022
	Account Titles	Debit	Credit
	Cash	4,800
	Accounts Receivable	3,300
	Supplies	400
	Equipment	11,264
	Accumulated Depreciation—Equipment		1,536
	Accounts Payable		2,300
	Unearned Service Revenue		190
	Salaries and Wages Payable		600
	Common Stock		10,584
	Retained Earnings		4,554
	Total	19,764	19,764