Telegraphic Solution's completed worksheet at November 30, 2018 is as follows: Revenues: Service Revenue $9,600 Expenses: Salaries

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Telegraphic Solution's completed worksheet at November 30, 2018 is as follows:

Revenues:

Service Revenue $9,600

Expenses:

Salaries Expense $2,750

Rent Expense 700

Depreciation Expense-Equipment $350

Supplies Expense 550

Utilities Expense $700

Total Expenses $5,050

Net Income $4,550

Required:

a. Complete the income statement for the month ended November 30, 2018.

b. Complete the statement of owner's equity for the month ended November 30, 2018. Assume there were no contributions made by the owner during the month.

c. Complete the classified balance sheet as of November 30, 2018

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Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

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Posted Date: Mar 09, 2022 01:31 AM

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Telegraphic Solution's completed worksheet at November 30, 2018 is as follows: Revenues: Service Revenue $9,600 Expenses: Salaries

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Answer a Complete the income statement for the month ended November 30 2018 Telegraphic Solutions In... View the full answer

Introduction to Accounting An Integrated Approach

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