a) Enter the November 1 balances in the ledger accounts.

b) Journalize the November transactions

c) Post to the ledger accounts.

d) Prepare a trial balance at November 30

e) Journalize and post adjusting entries

f) Prepare an adjusted trial balance

g) Prepare an income statement and a retained earnings statement for November and a balance sheet at November 30

On November 1, 2015, the account balances of Schilling Equipment Repair were as follows. Debits Credits No. No. $ 2,415 Cash Accumulated Depreciation-Equipment 2,120 101 154 112 Accounts Receivable Accounts Payable 4,232 1,838 12,720 201 2,598 Supplies Unearned Service Revenue 126 209 1,217 Salaries and Wages Payable 153 Equipment 212 740 Common Stock 311 10,580 Retained Earnings 320 3,950 $21,205 $21,205 completed During November, the following summary transactions were Paid $1,660 for salaries due employees, of which $740 is for October salaries Nov. 8 Received $3,403 cash from customers on account. Received $3,051 cash for services performed in November. Purchased equipment on account $1,968. Purchased supplies on account $703. Paid creditors on account $2,710. Paid November rent $444 Paid salaries $1,660. 10 12 15 17 20 22 25 27 Performed services on account and billed customers for services provided $1,930. Received $575 from customers for future service. 29