Use your answer from Exercise E4-19 to prepare Data Solution's financial statements.

In Exercise E4-19

The unadjusted trial balance of Data Solution at November 30, 2018, follows:

Additional information at November 30, 2018:
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, 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.

Transcribed Image Text:

DATA SOLUTION Unadjusted Trial Balance November 30, 2018 Balance Account Title Debit Credit $ 4,400 Cash Accounts Receivable 3,100 Prepaid Rent 1,800 Office Supplies 3,100 Equipment 30,200 $ 1,500 Accumulated Depreciation-Equipment Accounts Payable 5,100 Salaries Payable Common Stock 32,900 Dividends 2,900 Service Revenue 8,800 Depreciation Expense-Equipment Salaries Expense 2,100 Rent Expense Utilities Expense 700 Supplies Expense $ 48,300 $ 48,300 Total