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Exercise 4-1 Briscoe Company June 30 2008

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E4-1 The trial balance columns of the worksheet for Briscoe Company at June 30, 2008, are as
follows.

BRISCOE COMPANY
Worksheet
For the Month Ended June 30, 2008

Cash  2,320
Accounts Receivable  2,440
Supplies  1,880
Accounts Payable  1,120
Unearned revenue 240
Common stock 3,600
Service Revenue  2,400
Salaries expense 560
Miscellaneous Expense  160
 7,360 7,360

Other data:
1. A physical count reveals $300 of supplies on hand.
2. $100 of the unearned revenue is still unearned at month-end.
3. Accrued salaries are $280.

Instructions
Enter the trial balance on a worksheet and complete the worksheet.

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