The unadjusted trial balance of Data Solution at November 30, 2024, follows: Additional information at November 30,
Question:
The unadjusted trial balance of Data Solution at November 30, 2024, follows:
Additional information at November 30, 2024:
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 Data Solution’s worksheet for the month ended November 30, 2024.
2. How much was net income for November?
DATA SOLUTION Unadjusted Trial Balance November 30, 2024 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Pryor, Capital Pryor, Withdrawals Service Revenue Depreciation Expense-Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense Total Balance Debit $ 4,400 3,100 1,800 3,100 30,200 2,900 2,100 700 $ 48,300 Credit $1,500 5,100 32,900 8,800 $ 48,300
Step by Step Answer:
1 2 Net income for November was 4550 Account Names Cash Accounts Receivable Prepaid Rent ...View the full answer
Horngrens Accounting The Financial Chapters
ISBN: 9780136162186
13th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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