The trial balance of Telegraphic Link, Inc., 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?

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TELEGRAPHIC LINK, INC. Trial Balance November 30, 2012 Balance Debit Credit Account $ 4,000 Cash Accounts receivable 3,200 Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salary payable 1,900 3,000 34,800 $ 1,600 5,400 Common stock 15,700 Retained earnings 20,000 Dividends 2,100 8,600 Service revenue Depreciation expense Salary expense 1,700 Rent expense Utilities expense 600 Supplies expense $51,300 $51,300 Total