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LENNY COMPANY;Worksheet;For the Month Ended June 30, 2014;Trial Balance;Account Titles Dr. Cr..

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LENNY COMPANY;Worksheet;For the Month Ended June 30, 2014;Trial Balance;Account Titles Dr. Cr..;Cash $ 2,200;Accounts Receivable 2,900;Supplies 2,050;Accounts Payable $1, 300;Unearned Service Revenue 300;Notes Payable 2,000;Common Stock 3, 2 00;Service Revenue 2, 1 00;Salaries and Wages Expense 1,200;Miscellaneous Expense 550.;$ 8,900 $ 8,900;Other data;1. A physical count reveals $ 440 of supplies on hand.;2. The unearned revenue was collected on June 1 and will be earned over the 4 months starting June 1;3. The 6 -month note payable was signed June 1 and bears an annual interest rate of 12 %.;4. Lenny has recogniz ed $600 of revenue on account (which has not yet been recorded).;Instructions;Enter the trial balance on a worksheet and complete the worksheet.

 

Paper#76179 | Written in 18-Jul-2015

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