The trial balance of Telegraphic Link at November 30, follows:

Additional information at November 30, 2012:
a. Accrued service revenue, $600.
b. Depreciation, $300.
c. Accrued salary expense, $800.
d. Prepaid rent expired, $500.
e. Supplies used, $100.

Requirements
1. Complete Telegraphic Link€™s worksheet for the month ended November 30, 2012.
2. How much was net income forNovember?

Transcribed Image Text:

TELEGRAPHIC LINK Trial Balance November 30, 2012 Balance Account Debit Credit 4,000 3,200 1,900 3,000 34,800 Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salary payable Thomas, capital Thomas, drawing Service revenue Depreciation expense Salary expense Rent expense Utilities expense Supplies expense Total S 1,600 5,400 35,700 8,600 2,100 1,700 600 $51,300 $51,300