E4-18 preparing a worksheet -

18 Preparing a worksheer The adjusted trial balance of Voice Lirik at November 30, 2016, follow Account Title cant Accounts Receivable Predent Omice Supplies Equipment VOICE UNK unadjusted Trial Balance November 30, 2016 Balance Debit Credit $900 3.700 1.600 3,900 33,400 Accumulated Deprecation-Equipment $ 1.500 Accounts Payable 5,100 Salaries Payable Terlingua, Capital 36,400 Terlingo, Withdrawals 2,400 Service Revenue 8,600 Depreciation Expense-Equipment Salaries Expense 2.000 Rent Expense Utilities Expense 700 Supplies Expense Total $ 51,600 $ 51,600 Additional information at November 30, 2016: 1. Accrued service revenue, $600. b. Depreciation, $300 c. Accrued salaries expense, $600. d. Prepaid rent expired, $900. e Office Supplies used, $500. Requirements 1. Complete Voice Link's worksheet for the month ended November 30, 2016. 2. How much was net income for November? chapter 4 earning Objectives 1, 2 2. Ending Capital $38.200 Note: Exercise E4-19 should be used only after completing Exercise 14-18. E4-19 Preparing financial statements from the completed worksheet Use your answer from Exercise E4-18 to prepare Voice Link's financial statement Requirements 1. Complete the income statement for the month ended November 30, 2016, 2. Complete the statement of owner's equity for the month ended November 30, 2016. Assume there were no contributions made by the owner 3. Complete the classified balance sheet as of November 30, 2016. Use the report form E4-20 Preparing closing entries from an adjusted trial balance The adjusted trial balance of Smith Sign Company follows: Learning Objective 3 during the man