The trial balance columns of the worksheet for Oriole Roofing at March 31, 2022, are as foll Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Other data: Miscellaneous Expense 1. 2. Oriole Roofing Worksheet For the Month Ended March 31, 2022 3. Account Titles 4. (a) Trial Balance Complete the worksheet. Dr. 4,300 3,000 2,170 11,000 1,020 1,470 340 23,300 Cr. 1,250 2,110 620 12,620 6,700 23,300 A physical count reveals only $700 of roofing supplies on hand. Depreciation for March is $250. Unearned revenue amounted to $190 at March 31. Accrued salaries are $700.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The trial balance columns of the worksheet for Oriole Roofing at March 31, 2022, are as follows.
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation-Equipment
Accounts Payable
Unearned Service Revenue
Owner's Capital
Owner's Drawings
Service Revenue
Other data:
Salaries and Wages Expense
Miscellaneous Expense
1.
2.
3.
Oriole Roofing
Worksheet
For the Month Ended March 31, 2022
4.
Account Titles
(a)
Trial Balance
Complete the worksheet.
Dr.
4,300
3,000
2,170
11,000
1,020
1,470
340
23,300
Cr.
1,250
2,110
620
12,620
6,700
23,300
A physical count reveals only $700 of roofing supplies on hand.
Depreciation for March is $250.
Unearned revenue amounted to $190 at March 31.
Accrued salaries are $700.
Transcribed Image Text:The trial balance columns of the worksheet for Oriole Roofing at March 31, 2022, are as follows. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Other data: Salaries and Wages Expense Miscellaneous Expense 1. 2. 3. Oriole Roofing Worksheet For the Month Ended March 31, 2022 4. Account Titles (a) Trial Balance Complete the worksheet. Dr. 4,300 3,000 2,170 11,000 1,020 1,470 340 23,300 Cr. 1,250 2,110 620 12,620 6,700 23,300 A physical count reveals only $700 of roofing supplies on hand. Depreciation for March is $250. Unearned revenue amounted to $190 at March 31. Accrued salaries are $700.
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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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