<p>E4-7Emil Skoda Company had the following adjusted trial balance.<br /><br /><
ID: 2367528 • Letter: #
Question
<p>E4-7Emil Skoda Company had the following adjusted trial balance.<br /><br /><br />Account Titles                                                                     Adjusted Trial Balance</p><p>                                                                                          Debits           Credits</p>
<p>Cash                                                                                   $3,712</p>
<p>Accounts Receivable                                                             3,904</p>
<p>Supplies                                                                              480</p>
<p>Accounts Payable                                                                                        $1,792</p>
<p>Unearned Revenue                                                                                          160</p>
<p>Emil Skoda, Capital                                                                                      5,760</p>
<p>Emil Skoda, Drawing                                                            300</p>
<p>Service Revenue                                                                                           4,060</p>
<p>Salaries Expense                                                                 1,344</p>
<p>Miscellaneous Expense                                                          256</p>
<p>Supplies Expense                                                                 2,228</p>
<p>Salaries Payable                                                                                             448</p>
<p>                                                                                        $12,224                $12,224</p>
Explanation / Answer
EMIL SKODA COMPANY
Adjusted Trial Balance
For the Month Ended June 30, 2011
Adjusted Trial Balance
Account Titles Debits Credits
Cash $3,712
Accounts Receivable 3,904
Supplies 480
Accounts Payable $1,792
Unearned Revenue 160
Common Stock 5,000
Retained Earnings 760
Dividends 300
Service Revenue 4,064
Salaries Expense 1,344
Miscellaneous Expense 256
Supplies Expense 2,228
Salaries Payable
June 30, 2010 Service Revenue 4064
4,064
June 30, 2010 Income summary 3828
Expenses 1314
miscellaneous 256
supplies 2258
June 30, 2010 Income summary 236
capital 206
June 30, 2010 capital 300
drawing 300
particulars
debits
particulars
credits
cash
3712
capital
5696
account
3904
Account payables
1792
supplies
480
Unearned revenue
160
448
total
8096
total
8096
particulars
debits
particulars
credits
cash
3712
capital
5696
account
3904
Account payables
1792
supplies
480
Unearned revenue
160
448
total
8096
total
8096
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