ACC 600: Accounting and Finance for Managers
Assignments: Week Three
Preparing a Worksheet
The unadjusted trial balance of Voice Link at November 30, 2016, follows:
Additional information at November 30, 2016:
- Accrued service revenue, $600.
- Depreciation, $300.
- Accrued salaries expense, $600.
- Prepaid rent expired, $900.
- Office Supplies used, $500.
- Complete Voice Link’s worksheet for the month ended November 30, 2016.
- How much was net income for November?
Preparing a worksheet, closing entries, and a post-closing trial balance
San Antonio Veterinary Hospital completed the following worksheet as of December 31, 2016:
- Complete the worksheet for San Antonio Veterinary Hospital.
- Prepare the closing entries.
- Prepare the post-closing trial balance.