After completing Exercises 4-14 and 4-15, prepare the postclosing trial balance of Wireless Solutions at November 30, 2007. 

Exercises 4-14

Journalize Wireless Solutions' adjusting and closing entries in Exercise 4-13. 

Exercise 4-13

The trial balance of Wireless Solutions follows.

Additional information at November 30, 2007 :

a. Accrued service revenue, \(\$ 300\)

d. Prepaid rent expired, \(\$ 800\)

b. Depreciation, \(\$ 100\)

e. Supplies used, \(\$ 1,600\)

c. Accrued salary expense, \(\$ 500\)

Requirements 

Complete Wireless Solutions' work sheet for the month ended November 30, 2007. How much was net income for November? 

Transcribed Image Text:

WIRELESS SOLUTIONS Trial Balance November 30, 2007 Balance Account Title Cash Accounts receivable Prepaid rent Supplies Equipment Debit Credit $ 3,500 3,400 1,200 3,300 34,100 Accumulated depreciation $ 1,800 Accounts payable 5,100 Salary payable Charles Voss, capital 36,000 Charles Voss, withdrawals 2,000 Service revenue 7,100 Depreciation expense Salary expense 1,800 Rent expense Utilities expense Supplies expense Total 700 $50,000 $50,000