Use your answer from Exercise E-F:4-20 to prepare Data Solution’s financial statements. 

Data from Exercise E-F:4-20

The unadjusted trial balance of Data Solution at November 30, 2024, follows:

Additional information at November 30, 2024: 

a. Accrued Service Revenue, $800. 

b. Depreciation, $350. 

c. Accrued Salaries Expense, $650. 

d. Prepaid Rent expired, $700. 

e. Office Supplies used, $550. 

Requirements

1. Complete the income statement for the month ended November 30, 2024. 

2. Complete the statement of owner’s equity for the month ended November 30, 2024. Assume beginning Pryor, Capital was $0. 

3. Complete the classified balance sheet as of November 30, 2024. Use the report form.

Transcribed Image Text:

DATA SOLUTION Unadjusted Trial Balance November 30, 2024 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Pryor, Capital Pryor, Withdrawals Service Revenue Depreciation Expense-Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense Total Balance Debit $ 4,400 3,100 1,800 3,100 30,200 2,900 2,100 700 $ 48,300 Credit $1,500 5,100 32,900 8,800 $ 48,300