The trial balance of Telegraphic Link at November 30 follows: Additional information at November 30, 2014: a.

Question:

The trial balance of Telegraphic Link at November 30 follows:


The trial balance of Telegraphic Link at November 30 follows:


Additional information at November 30, 2014:
a. Accrued service revenue, $ 600.
b. Depreciation, $ 300.
c. Accrued salaries expense, $ 800.
d. Prepaid rent expired, $ 500.
e. Office Supplies used, $ 100.

Requirements
1. Complete Telegraphic Link’s worksheet for the month ended November 30, 2014.
2. How much was net income forNovember?

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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