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Data Link's completed worksheet at November 30, 2018 is as follows: (Click the icon to view the completed worksheet.) Read the requirements. Requirement 1. Complete
Data Link's completed worksheet at November 30, 2018 is as follows: (Click the icon to view the completed worksheet.) Read the requirements. Requirement 1. Complete the income statement for the month ended November 30, 2018. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Data Link Income Statement Month Ended November 30, 2018 Net Income (Loss) Requirement 2. Complete the statement of retained earnings for the month ended November 30, 2018. Assume beginning Retained Earnings was $0. Choose from any list or enter any number in the input fields and then continue to the next question. Data Link's completed worksheet at November 30, 2018 is as follows: (Click the icon to view the completed worksheet.) Read the requirements. Data Link Statement of Retained Earnings Month Ended November 30, 2018 Retained Earnings, November 1, 2018 Retained Earnings, November 30, 2018 Requirement 3. Complete the classified balance sheet as of November 30, 2018. Use the report form. Begin by preparing the asset section of the balance sheet and then prepare the liabilities and stockholders' equity sections. (If a box is not used in the balance sheet, leave the box empty; do not select a label or enter a zero. Abbreviation used: Acc. Depr. = Accumulated Depreciation.) Data Link Balance Sheet November 30, 2018 Assets Less: 0 Liabilities Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. Data Link Worksheet November 30, 2018 Unadjusted Adjusted Income Balance Sheet Trial Balance Trial Balance Statement Adjustments Debit Credit Account Names Debit Credit Debit Credit Debit Credit Credit (a) $ 600 4,200 3,800 1,600 3,900 30,300 Debit 4,200 4,400 650 3,300 30,300 (d) $ 4,200 4,400 650 3,300 30,300 950 $ 1,800 $ 5,700 Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Acc. Depr.-Equipment Accounts Payable Salaries Payable Common Stock Dividends Service revenue Depr. Expense-Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense 2,500 5,700 500 32,400 2,500 5,700 500 32,400 32,400 2,000 2,000 2,000 8,600 (a) 600 9,200 $ 9,200 700 $ 1,700 (b) c) d) 700 500 950 2,200 950 700 2,200 950 1,000 600 1,000 1,000 600 600 3,350 $ $ 48,500 $ 48,500 $ 3,350 $ 50,300 $ 50,300 Total $ 9,200 $ 5,450 $ 3,750 9,200 $ 44,850 $ 41,100 3,750 44,850 $ 44,850 Net Income $ 9,200 $
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