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Exercise 1 | Accounting homework help

 

Exercise 1

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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:

 

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