1 of 2 On November 1, 2022, the account balances of Crane Equipment Repair were as follows. No. Debit No. Credit 101 Cash $ 2,430 154 Accumulated Depreciation-Equipment $1,850 112 Accounts Receivable 4,240 201 Accounts Payable 2,600 126 Supplies 1,840 209 Unearned Service Revenue 1,190 153 Equipment 11,100 212 Salaries and Wages Payable 722 301 Owner's Capital 13,248 $19,610 $19,610 During November, the following summary transactions were completed. - / 25 E III ... Question 1 of 2 During November, the following summary transactions were completed. Paid $1,680 for salaries due employees, of which $722 is for October salaries. Nov. 8 10 Received $3,420 cash from customers on account. 12 Received $3,110 cash for services performed in November. 15 Purchased equipment on account $1,960. 17 Purchased supplies on account $660. 20 Paid creditors on account $2,660. 22 Paid November rent $350. 25 Paid salaries $1,680. 27 Performed services on account and billed customers $1,920 for these services. 29 Received $590 from customers for future service. - / 25 Question 1 of 2 (a) Enter the November 1 balances in the ledger accounts. - / 25 !!! ... Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Supplies No. 126 Question 1 of 2 - / 25 !!! Supplies No. 126 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Equipment No. 153 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Accumulated Depreciation- Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance V No. 154 Nov. 1 Balance Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Unearned Service Revenue Date Explanation Nov. 1 Balance Salaries and Wages Payable Date Explanation Nov. 1 Balance No. 209 Ref Debit Credit Balance No. 212 Ref Debit Credit Balance !!! ... No. 301 Question 1 of 2 > -/25 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Owner's Capital Date Explanation Ref Debit Credit Balance Nov. 1 Balance V (b) Journalize the November transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit Answer (c) Post to the ledger accounts. Use J1 for the posting reference. Use the following additional accounts: No. 407 Service Revenue, No. 615 Depreciation Expense, No. 631 Supplies Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Cash Date Explanation Ref Debit Nov. 1 Balance v J1 J1 J1 Credit No. 101 Balance 2,430 (c) Post to the ledger accounts. Use J1 for the posting reference. Use the following additional accounts: No. 407 Service Revenue, No. 615 Depreciation Expense, No. 631 Supplies Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Cash Date Explanation Ref Debit Nov. 1 Balance v J1 J1 J1 Credit No. 101 Balance 2,430 Question 1 of 2 J1 J1 n J1 n J1 -/25 Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 4,240 J1 J1 Equipment No. 153 Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 11,100 Accumulated Depreciation- J1 No. 154 Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 1,850 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,600 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 2,600 J1 J1 J1 Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 1,190 11 Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 1,190 J1 Salaries and Wages Payable No. 212 Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 722 J1 Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Salaries and Wages Expense No. 726 Date Explanation Ref Debit Credit Balance Nov. 8 J1 958 Nov. 25 J1 1,680 958 2,638 Adjusting J1 Rent Expense No. 729 Date Explanation Ref Debit Credit Balance Nov. 22 J1 350 350 $ Debit $ Credit Question 1 of 2 Totals eTextbook and Media -/25 III ... Question 1 of 2 > (e1) Adjustment data consist of: 1. Supplies on hand $1,440. 2. Accrued salaries payable $361. 3. Depreciation for the month is $185. 4. Services related to unearned service revenue of $1,250 were performed. - / 25 Journalize the adjusting entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit Question 1 of 2 -/25 1. 2. 3. 4. ... !!! (e2) Post the adjusting entries. Cash Balance No. 101 Date Explanation Ref Debit Credit Nov. 1 Balance Nov. 8 Nov. 10 Nov. 12 Nov. 20 > J1 2,430 1,680 750 J1 3,420 4,170 J1 3,110 7,280 J1 2,660 4,620 Accounts Payable Date Explanation Ref Debit Credit Nov. 1 Balance V Nov. 15 J1 Nov. 17 J1 Nov. 20 J1 2,660 Unearned Service Revenue Date Explanation Ref Debit Nov. 1 Balance V Nov. 29 J1 Adjusting J1 Credit Balance No. 201 2,600 1,960 4,560 660 5,220 2,560 No. 209 590 Balance 1,190 1,780 Unearned Service Revenue Date Explanation Ref Debit Credit Nov. 1 Balance v Nov. 29 J1 Adjusting J1 Salaries and Wages Payable Date Explanation Ref Debit Nov. 1 Balance V Nov. 8 J1 Adjusting J1 722 590 Balance No. 209 1,190 1,780 No. 212 Credit Balance 722 0 Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 13,248 Service Revenue No. 407 Date Explanation Ref Debit Credit Balance Nov. 12 J1 3,110 3,110 Nov. 27 J1 1,920 5,030 Adjusting J1 Depreciation Expense No. 615 Date Explanation Ref Debit Credit Balance