Scribd
Upload
827 views4 pages

Cuono Company TB Statement

Joey Cuono started his own consulting firm, Cuono Company, on June 1, 2017. The trial balance at June 30 shows accounts such as cash, accounts receivable, supplies, prepaid insurance, office equipment, accounts payable, unearned service revenue, and capital. Additional accounts were added to the chart of accounts including accumulated depreciation, salaries payable, supplies expense, depreciation expense, insurance expense, and utilities expense. Adjusting entries were prepared for the month including recognition of supplies, utilities, insurance, salaries, depreciation, and unearned revenue. An adjusted trial balance was prepared at June 30, 2017.

Uploaded by

Tuwinanto Nanto
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
827 views4 pages

Cuono Company TB Statement

Joey Cuono started his own consulting firm, Cuono Company, on June 1, 2017. The trial balance at June 30 shows accounts such as cash, accounts receivable, supplies, prepaid insurance, office equipment, accounts payable, unearned service revenue, and capital. Additional accounts were added to the chart of accounts including accumulated depreciation, salaries payable, supplies expense, depreciation expense, insurance expense, and utilities expense. Adjusting entries were prepared for the month including recognition of supplies, utilities, insurance, salaries, depreciation, and unearned revenue. An adjusted trial balance was prepared at June 30, 2017.

Uploaded by

Tuwinanto Nanto
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Joey Cuono started his own consulting firm, Cuono Company, on June 1, 2017.

The trial
balance at June 30 is shown below.

CUONO COMPANY
Trial Balance
June 30, 2017

Account
Number Debit Credit
101 Cash $6,200
112 Accounts Receivable 6,000
126 Supplies 2,000
130 Prepaid Insurance 3,000
157 Office Equipment 14,400
201 Accounts Payable 4,700
209 Unearned Service Revenue 4,000
311 Sahare Capital-ordinary 20,000
400 Service Revenue 7,900
726 Salaries Expense 4,000
729 Rent Expense 1,000
$36,600 $36,600

In addition to those accounts listed on the trial balance, the chart of accounts for Cuono
Company also contains the following accounts and account numbers:

No. 158 Accumulated Depreciation - Office Equipment,


No. 212 Salary and wages payble,
No. 631 Supplies Expense
No. 711 Depreciation Expense,
No. 722 Insurance Expense,
No. 732 Utilities Expense, and

Other data:

1) Supplies on hand at June 30 are $340. Persediaan yang tersedia pada 30 Juni adalah $ 340.
2).A utility bill for $150 has not been recorded and will not be paid until next month. Tagihan utilitas sebesar $ 150 belum dicatat
3) The insurance policy is for a year. Polis asuransi selama satu tahun.
4).$2,500 of unearned service revenue has been earned at the end of the month. $ 2.500 dari pendapatan layanan yang ditangg
5).Salaries of $1,600
The equipment hasare accrued
a 5-year lifeatwith
Juneno
30. Gaji $value.
salvage 1.600Itdibebankan pada 30
is being depreciated atJuni
$300 per month for 48 months. Peralatan memil
6).
7).Invoices representing $2,400 of services performed during the month have not been recorded as of June 30. Faktur mewakili $ 2.

a). Prepare the adjusting entries for the month of June.use J3 as the page number for your journal
b).Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference coloumn

c). Prepare an adjusted trial balance at June 30, 2017.


$ 150 belum dicatat dan tidak akan dibayarkan sampai bulan depan.

yanan yang ditangguhkan telah diperoleh pada akhir bulan.


s. Peralatan memiliki masa pakai 5 tahun tanpa nilai sisa. Itu sedang disusutkan pada $ 300 per bulan selama 48 bulan.

aktur mewakili $ 2.400 layanan yang dilakukan selama bulan tersebut belum dicatat pada tanggal 30 Juni

ference coloumn
ma 48 bulan.

You might also like