Question

adjusted trial balance

ent CAL Exercise 4-07 a-b (Part Level Submission) (video) Victoria Lee Company had the following adjusted trial balance. Victoria Lee Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable $3,712 3,904 480 Supplies Accounts Payable $1,382 160 5,760 Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable 550 4,300 1,260 256 1,900 460 12,062 $12,062

Answer 1

VICTORIA LEE COMPANY
Post Closing Trial Balance
For the Month Ended June 30, 2020
Account Titles	Debit	Credit
Cash	3,712
Accounts Receivable	3,904
Supplies	480
Accounts Payable		1,382
Unearned Service Revenue		160
Salaries and Wages Payable		460
Owner's Capital		6,094
	8,096	8,096
Working
Service Revenue		4,300
Less: Expenses
Salaries and Wages Expenses	1,260
Miscellaneous Expenses	256
Supplies Expenses	1,900
Total Expenses		3,416
Net Income		884
Owner's Capital	5,760
Add: Net Income	884
Less: Owner's Drawings	550
Owner's Capital	6,094