Accounting Cyle Review Problem 0-14A

Accounting Cycle Review Problem 0-14A On November 1, 2017, the following were the account balances of Soho Equipment Repair. Debit Credit Cash 3,090 Accumulated Depreciation-Equipment s 500 Accounts Receivable 3,010 Accounts Payable 2,600 1,420 Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 10,300 720 10,300 3,300 $17,820 During November, the following summary transactions were completed Nov. 8 Paid $1,220 for salaries due employees, of which $500 is for November and $720 is for October salaries payable. 10 Received $1,810 cash from customers in payment of account 12 Received $3,710 cash for services performed in November. 15 Purchased store equipment on account $3,510. 17 Purchased supplies on account $1,310. 20 Paid creditors $2,510 of accounts payable due. 22 Paid November rent $450 25 Paid salaries $1,010 27 Performed services on account worth $900 and billed customers 29 Received $750 from customers for services to be performed in the future. Your answer is incerrect. Try again Salaries and Wages Payable )ownoze the November tresact ons. (zrno entry is required, setect-No Entry-for the account titles and enter 0 for the amount. Credit aeeoest titles are Your answer is correct lournalize the November transactions(Er no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. Credit account titles are automatical)y Date Aocount Titles and Explanation Debit Credit 6318 Your answers partially correct Try agan. Your answer is partialy correct. Try again. Post above journal encries to the ledger accounts. (Past entries in the onder of journal entries passed in the previous question) 1/1 Bal 3,090 1/S Bel 3,010 11/1 Bal , 1/1 Bal 500 Salaries and Wages Payable 11/1 Bal 720 10,300 Retained Earnings 3,300 and wages Expense 00000000 000.0 KYour answer is incorrect. Try again lo maize the ol nga ustng emnes Do net indent manually ir no entry is required select "No Entry for the account titles and enterfor the amounts. Credit account titles are automatically inde ted when the amount is entered 1. Supples on hand are valued at $1,110 2. Accrued salaries parable are $480. . Depreciation for the month is $250 4 Services were performed to satisty $500 of unearned service revenue. No. Account Titles and Explanation Your answer is pertialy correct. Try again. Your answer is partialy correct. Try again. Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous question.) 11/1 Bal 3,090 11/8 1,810 11/20 3,710 11/22 1,220 2,510 11/29 11/30 Bal 50 11/25 4,170 1,010 11/1 Bal 11/27 1/30 Bal 3,010 11/10 1,810 2,100 1/1 Bal 1,420 11/27 1,31 1/1 Bal 10,300 11/30 Bal 13,810 1/1 Bal 500 Accounts Payable 11/20 2,510 11/1 Bal. 2,600 3,510 1,310 4,910 11/30 Ba Service Revenue Unearned Service Revenue 11/1 Bal 11/29 Salaries and Wages Payable 11/8 Common Stock 10,300 10,300 11/30 Bal. Retained Earnings 11/30 Ba 3,300 ,710 11/27 Supplies Expense Salaries and Wages Expense 11/8 1/22 11/30 Bal Your answer is incorrect. Try apain Prepare an adjusted trial balence. Your answer is incorrect. Try again Prepare an income statement for November 30 Your answer is incorrect. Try again. Prepare a retained earmings statement for November 30. Your answer is incorrect. Try again Prepare a classified balance sheet at November 30. (List current assets in order of quiedlity Liabilities and Stockholders Equity Question Attempts: Unlimited