Question

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

Swifty Company Worksheet For the Month Ended June 30, 2022
		Trial Balance
Account Titles		Dr.		Cr.
Cash		2,000
Accounts Receivable		2,780
Supplies		1,980
Accounts Payable				1,040
Unearned Service Revenue				440
Common Stock				2,560
Service Revenue				3,400
Salaries and Wages Expense		560
Miscellaneous Expense		120
		7,440		7,440

Other data:

1.		A physical count reveals $350 of supplies on hand.
2.		$150 of the unearned revenue is still unearned at month-end.
3.		Accrued salaries are $250.

Complete the worksheet.

Swifty 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		2,000
Accounts Receivable		2,780
Supplies		1,980
Accounts Payable				1,040
Unearned Service Revenue				440
Common Stock				2,560
Service Revenue				3,400
Salaries and Wages Expense		560
Miscellaneous Expense		120
Totals		7,440		7,440
Supplies Expense
Salaries and Wages Payable
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														enter a total of the two previous amounts		enter a total of the two previous amounts		enter a total of the two previous amounts		enter a total of the two previous amounts

Answer 1

Swifty Company
Worksheet
June 30, 2022
Particulars	Trial balance		Adjustments				Adjusted trial balance		Income Statement		Balance Sheet
	Debit	Credit		Debit		Credit	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$ 2,000						$ 2,000				$ 2,000
Accounts receivable	$ 2,780						$ 2,780				$ 2,780
Supplies	$ 1,980					$ 1,630	$     350				$      350
Accounts Payable		$ 1,040						$ 1,040				$ 1,040
Unearned service revenue		$     440		$     290				$     150				$      150
Common stock		$ 2,560						$ 2,560				$ 2,560
Service revenue		$ 3,400				$     290		$ 3,690		$ 3,690
Salaries and wages expense	$     560			$     250			$     810		$      810
Misc. expenses	$     120						$     120		$      120
Supplies expense				$ 1,630			$ 1,630		$ 1,630
Salaries and wages payable						$     250		$     250				$      250
Totals	$ 7,440	$ 7,440		$ 2,170	$ -	$ 2,170	$ 7,690	$ 7,690	$ 2,560	$ 3,690	$ 5,130	$ 4,000
Net income									$   1,130			$   1,130
Totals									$   3,690	$   3,690	$   5,130	$   5,130

You can reach me over comment box, if you have any doubts. Please rate this answer