A) Enter November 1 balances in the ledger accounts.

B) Journalize the November transactions.

C) Post to ledger accounts.

D) prepare a trial balance at November 30.

E) Journalize adjusting entries.

F) Post the adjusting entries.

G) Prepare an adjusted trial balance.

H) Prepare an income statement for November.

I) Prepare an owners equity statement for November.

J) Prepare a balance sheet at November 30.

On November 1, 2020, the account balances of Blossom Equipment Repair were as follows. Debits No. Credits O. 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment $2,380 154 Accumulated Depreciation--Equipment 4,220 201 Accounts Payable 1,760 209 Unearned Service Revenue 12,840 212 Salaries and Wages Payable 301 Owner's Capital $21,200 During November, the following summary transactions were completed Nov. 8 Paid $1,680 for salaries due employees, of which $722 is for October salaries. 10 Received $3,450 cash from customers on account. 12 Received $3,100 cash for services performed in November. 15 Purchased equipment on account $1,990 17 Purchased supplies on account $650. 20 Paid creditors on account $2,720. 22 Paid November rent $370 25 Paid salaries $1,680. 27 Performed services on account and billed customers for these services $1,930. 29 Received $640 from customers for future service. Enter the November 1 balances in the ledger accounts. Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1Balance Date Explanation Nov. 1 Balance Accounts Receivable Ref Debit Credit Balanoe No. 112 Ref Debit Credit Balance Date Explanation Nov. 1 Balance Supplies No. 126 Debit Credit Balance Date Explanation Nov. 1 Balance Equipment Ref No. 153 Credit Balance Date Explanation Nov. 1 Balance Accumulated Depreciation-Equipment Ref Debit No. 154 Credit Balance Date Explanation Nov. 1 Balance Accounts Payable Ref Debit No. 201 Ref Debit Credit Balance Date Explanation Nov. 1 Balance Unearned Service Revenue No. 209 Debit Credit Balance Date Explanation Nov. 1 Balance Salaries and Wages Payable Ref No. 212 Debit Credit Balance Date Explanation Nov. 1 Balance Owner's Capital Ref No. 301 Date Explanation- Ref Debit Credit Balance Journalize the November transactions. (Credit account titles are automatically indented when the amo Date Account Titles and Explanation Debit Credit Nov. 8 Post to the ledger accounts. (Post entries in the order of journal entries posted in par Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,380 JI Accounts Receivable Date No. 112 Explanation Ref Debit Credit Balance Nov. 1 Balance 4,220 31 Supplies No. 126 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,760 Equipment No. 153 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 12,840 Prepare a trial balance at November 30. BLOSSOM EQUIPMENT REPAIR Trial Balance Debit Credit Totals Adjustment data consist of: 1. Supplies on hand $1,430 2. Accrued salaries payable $361 3. Depreciation for the month is $214. 4. Services related to unearned service revenue of $1,290 were performed. Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is ente No. Date Account Titles and Explanation Debit Credit 2. 3. 4. Post the adjusting entries Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Nov. 8 Nov. 10 Nov. 12 Nov. 20 Nov. 22 Nov. 25 Nov. 29 2,380 700 4,150 7,250 4,530 4,160 2,480 3,120 No. 112 1,680 3,450 3,100 2,720 370 1,680 JI JI 640 Accounts Receivable Date Explanation Ref Debit Credit Balance Nov. 1 Balance Nov. 10 Nov. 27 4,220 770 2,700 No. 126 3,450 1,930 Supplies Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,760 2,410 Nov. 17 650 v Adjusting Equipment No. 153 Date Explanation Ref Debit Credit Balance 12,840 14,830 154 Nov. 1 Balance Nov. 15 1,990 Accumulated Depreciation-Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,140 Prepare an adjusted trial balance. BLOSSOM EQUIPMENT REPAIR Trial Balance Debit Credit Totals Prepare an income statement for November. BLOSSOM EQUIPMENT REPAIR Income Statement Prepare an owner's equity statement for November. (List items that i BLOSSOM EQUIPMENT REPAIR Owner's Equity Statement Prepare a balance sheet at November 30. (List Assets in order of liquidity.) BLOSSOM EQUIPMENT REPAIR Balance Sheet Assets Liabilities and Owner's Equity On November 1, 2020, the account balances of Blossom Equipment Repair were as follows. Debits No. Credits O. 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment $2,380 154 Accumulated Depreciation--Equipment 4,220 201 Accounts Payable 1,760 209 Unearned Service Revenue 12,840 212 Salaries and Wages Payable 301 Owner's Capital $21,200 During November, the following summary transactions were completed Nov. 8 Paid $1,680 for salaries due employees, of which $722 is for October salaries. 10 Received $3,450 cash from customers on account. 12 Received $3,100 cash for services performed in November. 15 Purchased equipment on account $1,990 17 Purchased supplies on account $650. 20 Paid creditors on account $2,720. 22 Paid November rent $370 25 Paid salaries $1,680. 27 Performed services on account and billed customers for these services $1,930. 29 Received $640 from customers for future service. Enter the November 1 balances in the ledger accounts. Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1Balance Date Explanation Nov. 1 Balance Accounts Receivable Ref Debit Credit Balanoe No. 112 Ref Debit Credit Balance Date Explanation Nov. 1 Balance Supplies No. 126 Debit Credit Balance Date Explanation Nov. 1 Balance Equipment Ref No. 153 Credit Balance Date Explanation Nov. 1 Balance Accumulated Depreciation-Equipment Ref Debit No. 154 Credit Balance Date Explanation Nov. 1 Balance Accounts Payable Ref Debit No. 201 Ref Debit Credit Balance Date Explanation Nov. 1 Balance Unearned Service Revenue No. 209 Debit Credit Balance Date Explanation Nov. 1 Balance Salaries and Wages Payable Ref No. 212 Debit Credit Balance Date Explanation Nov. 1 Balance Owner's Capital Ref No. 301 Date Explanation- Ref Debit Credit Balance Journalize the November transactions. (Credit account titles are automatically indented when the amo Date Account Titles and Explanation Debit Credit Nov. 8 Post to the ledger accounts. (Post entries in the order of journal entries posted in par Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,380 JI Accounts Receivable Date No. 112 Explanation Ref Debit Credit Balance Nov. 1 Balance 4,220 31 Supplies No. 126 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,760 Equipment No. 153 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 12,840 Prepare a trial balance at November 30. BLOSSOM EQUIPMENT REPAIR Trial Balance Debit Credit Totals Adjustment data consist of: 1. Supplies on hand $1,430 2. Accrued salaries payable $361 3. Depreciation for the month is $214. 4. Services related to unearned service revenue of $1,290 were performed. Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is ente No. Date Account Titles and Explanation Debit Credit 2. 3. 4. Post the adjusting entries Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Nov. 8 Nov. 10 Nov. 12 Nov. 20 Nov. 22 Nov. 25 Nov. 29 2,380 700 4,150 7,250 4,530 4,160 2,480 3,120 No. 112 1,680 3,450 3,100 2,720 370 1,680 JI JI 640 Accounts Receivable Date Explanation Ref Debit Credit Balance Nov. 1 Balance Nov. 10 Nov. 27 4,220 770 2,700 No. 126 3,450 1,930 Supplies Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,760 2,410 Nov. 17 650 v Adjusting Equipment No. 153 Date Explanation Ref Debit Credit Balance 12,840 14,830 154 Nov. 1 Balance Nov. 15 1,990 Accumulated Depreciation-Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,140 Prepare an adjusted trial balance. BLOSSOM EQUIPMENT REPAIR Trial Balance Debit Credit Totals Prepare an income statement for November. BLOSSOM EQUIPMENT REPAIR Income Statement Prepare an owner's equity statement for November. (List items that i BLOSSOM EQUIPMENT REPAIR Owner's Equity Statement Prepare a balance sheet at November 30. (List Assets in order of liquidity.) BLOSSOM EQUIPMENT REPAIR Balance Sheet Assets Liabilities and Owner's Equity