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Problem 4-01A a-d (Part Level Submission) The trial balance columns of the worksheet for Sandhill Roofing at March 31, 2020, are a Sandhill Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Dr. Cr. Cash 4,000 Accounts Receivable 3,600 Supplies 2,450 Equipment 11,440 Accumulated Depreciation Equipment 1,300 Accounts Payable 2,540 Unearned Service Revenue 690 Owner's Capital 13,650 Owner's Drawings 1,140 Service Revenue 6,100 Salaries and Wages Expense 1,210 Miscellaneous Expense 440 24,280 24,280 Other data: 2. 3. A physical count reveals only $400 of roofing supplies on hand. Depreciation for March is $260. Unearned revenue amounted to $230 at March 31. Accrued salaries are $800. T. Sandhill made an additional investment in the business of $10,750 in March. Prepare an owner's equity statement for the month of March. SANDHILL ROOFING Owner's Equity Statement For the Month Ended March 31, 2020 Owner's Capital, March 1 v 2900 Add Investments 10750 Net Income / (Loss) 1800 12550 15450 Less Drawings 1140 Owner's Capital, March 31 14310 Click if you would like to Show Work for this question: Open Show Work SANDHILL ROOFING Balance Sheet March 31, 2020 Assets Current Assets Cash 4000 s! Accounts Receivable 3600 Supplies 2050 Total Current Assets 9650 Property, plant and Equipment Equipment 11440 Less V Accumulated Depreciation Equipment 1560 9880 Total Assets Liabilities and Owner's Equity Current Liabilities Accounts Payable 2540 S Salaries and Wages Payable 800 Unearned Service Revenue 690 Total Current Liabilities Uwesty Owner's Capital 14310 Total Liabilities and Owner's Equity V

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