Telecom Link Worksheet November 30, 2018 Unadjusted Adjustod Income Balance ta label or enter a zero...

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Telecom Link Worksheet November 30, 2018 Unadjusted Adjustod Income Balance ta label or enter a zero Trial Balance Adjustments Trial Balance Statement Sheet Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash is 3,800 3,500 3,800 IS 3,800 Accounts Receivable (a) $ 400 3.900 3,900 Prepaid Rent 1,900 (d) $ 800 1,100 1,100 Office Supplies 3,700 (e) 500 3,200 3.200 Equipment 33,700 33,700 33,700 Acc. Depr-Equipment 1.600 (b) 200 1,800 1,800 Accounts Payable 5,000 5,000 5,000 Salaries Payable (e) 600 600 600 Common Stock 37,200 37.200 37.200 Dividends 2,500 2,500 2,500 Service revernue 8,400 (a) 400 8,800 8,800 Print Done Reference - X Prepaid Rent 1,900 (d) S 800 (e) 1,100 1.100 Office Supplies 3,700 500 3,200 3.200 Equipment Acc. Depr-Equipment 33,700 33,700 33.700 1,600 (b) 200 1,800 1,800 Accounts Payable 5,000 alabel or enter a 5,000 5.000 Salaries Payable (c) 600 600 600 Common Stock 37,200 37,200 37.200 Dividends 2,500 2,500 2,500 Service revenue 8,400 (b) (c) (d) (a) 200 400 8,800 $ 8,800 Depr. Expense-Equipment 200 200 Salaries Expense 2,500 3,100 600 B00 3,100 800 Rent Expense 800 Ulities Expense 600 600 600 Supplies Expense 500 500 500 (0) 52.200 S 52,200 $ 2,500 $ 2,500 $ 53,400 $ 53,400s 5,200 s 3.600 8.800 S 48,200 s 44,600 Total 3,000 Net Income 8,800 $ 8,800 48,200 $ 48,200 %24 ande atement, leave the box e - X Requirements 1. Complete the income statement for the month ended November 30, 2018. 2. Complete the statement of retained earnings for the month ended November 30, 2018. Assume beginning Retained Earnings was $0. 3. Complete the classified balance sheet as of November 30, 2018. Use the report form. Print Done Telecom Link Worksheet November 30, 2018 Unadjusted Adjustod Income Balance ta label or enter a zero Trial Balance Adjustments Trial Balance Statement Sheet Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash is 3,800 3,500 3,800 IS 3,800 Accounts Receivable (a) $ 400 3.900 3,900 Prepaid Rent 1,900 (d) $ 800 1,100 1,100 Office Supplies 3,700 (e) 500 3,200 3.200 Equipment 33,700 33,700 33,700 Acc. Depr-Equipment 1.600 (b) 200 1,800 1,800 Accounts Payable 5,000 5,000 5,000 Salaries Payable (e) 600 600 600 Common Stock 37,200 37.200 37.200 Dividends 2,500 2,500 2,500 Service revernue 8,400 (a) 400 8,800 8,800 Print Done Reference - X Prepaid Rent 1,900 (d) S 800 (e) 1,100 1.100 Office Supplies 3,700 500 3,200 3.200 Equipment Acc. Depr-Equipment 33,700 33,700 33.700 1,600 (b) 200 1,800 1,800 Accounts Payable 5,000 alabel or enter a 5,000 5.000 Salaries Payable (c) 600 600 600 Common Stock 37,200 37,200 37.200 Dividends 2,500 2,500 2,500 Service revenue 8,400 (b) (c) (d) (a) 200 400 8,800 $ 8,800 Depr. Expense-Equipment 200 200 Salaries Expense 2,500 3,100 600 B00 3,100 800 Rent Expense 800 Ulities Expense 600 600 600 Supplies Expense 500 500 500 (0) 52.200 S 52,200 $ 2,500 $ 2,500 $ 53,400 $ 53,400s 5,200 s 3.600 8.800 S 48,200 s 44,600 Total 3,000 Net Income 8,800 $ 8,800 48,200 $ 48,200 %24 ande atement, leave the box e - X Requirements 1. Complete the income statement for the month ended November 30, 2018. 2. Complete the statement of retained earnings for the month ended November 30, 2018. Assume beginning Retained Earnings was $0. 3. Complete the classified balance sheet as of November 30, 2018. Use the report form. Print Done

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Solution Requirement 1 Telecom Link Income statement For the Month ended November 30 2018 Revenues A... View the full answer