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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
ay Magill Company had the following adjusted trial balance.
| KAY MAGILL COMPANY Adjusted Trial Balance For the Month Ended June 30, 2014 |
||||
| Â | Â | Adjusted Trial Balance | ||
| Account Titles | Â | Debit | Â | Credit |
| Cash | Â | $3,503 | Â | Â |
| Accounts Receivable | Â | 3,774 | Â | Â |
| Supplies | Â | 596 | Â | Â |
| Accounts Payable | Â | Â | Â | $1,744 |
| Unearned Service Revenue | Â | Â | Â | 182 |
| Owner’s Capital |  |  |  | 5,181 |
| Owner’s Drawings |  | 750 |  |  |
| Service Revenue | Â | Â | Â | 5,047 |
| Salaries and Wages Expense | Â | 1,244 | Â | Â |
| Miscellaneous Expense | Â | 366 | Â | Â |
| Supplies Expense | Â | 2,493 | Â | Â |
| Salaries and Wages Payable | Â | Â | Â | 572 |
| Total | Â | $12,726 | Â | $12,726 From the following info. Perform credit/debit analysis |
for closing entries & a Post Trial Balance. Any advice/input is greatly appreciated!
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