Exercise 1
Preparing a Worksheet
The unadjusted trial balance of Voice Link at November 30, 2016, follows:
Additional information at November 30, 2016:
1. Accrued service revenue, $600.
2. Depreciation, $300.
3. Accrued salaries expense, $600.
4. Prepaid rent expired, $900.
5. Office Supplies used, $500.
Instructions
1. Complete Voice Link's worksheet for the month ended November 30, 2016.
2. How much was net income for November?
Exercise #2
Preparing a worksheet, closing entries, and a post-closing trial balance
San Antonio Veterinary Hospital completed the following worksheet as of December 31, 2016:
Attachment:- Assignment_Template.xlsx