ADUI W10.nancial Accounting (Fall 2021/22) B WARM Homework: HW-3 Question 7.PS3-47 (il HW Score M61 of Pents: 0.01011 Save Consider the following transactional data for the first month of operations for Sre Free Charing De con the transactions start from the unadjusted to balance that Streak Free Cleaning prepared at November 30, 2016, and consider the following user data (Click on to view the drawn) cieke lon to view the time to Read the rest Requirement 1. Prepare all required adjusting jumatates at November 30 Recortebitsrot, then credit to the pray Chaning supplies on hand at the end of November 5130. Prepare the required ting erty Date Accounts and explanation Debih CH Now 30 Supplies Expense 110 Cleaning up TO To record chaning see used One month's combined depreciation on al deprecies wastimated to be $30. Prepare the reading by Date Accounts and Explanation Debi Crede 30 Now More Info Nov. 1 Stockholders contributed $28,000 and a truck, with a market value of $14,000, to the business in exchange for common stock. Nov. 2 The business paid $3,600 to Pick Me Properties for November through February rent. (Debit Prepaid Rent) Nov. 3 Paid $600 for a business insurance policy for the term November 1, 2018 through October 31, 2019. (Debit Prepaid Insurance) Nov. 4 Purchased cleaning supplies on account, $250. Nov.5 Purchased on account an industrial vacuum cleaner costing $4,000. The invoice is payable November 25. Nov. 7 Paid $3,600 for a computer and printer, Nov. 9 Performed cleaning services on account in the amount of $3,000. Nov. 10 Received $1,400 for services rendered on November 9. Nov. 15 Paid employees, $1,050. Nov. 16 Received $36,000 for a 1-year contract beginning November 16 for cleaning services to be provided. Contract begins November 16, 2018, and ends November 15, 2019. (Credit Unearned Revenue) Nov. 17 Provided cleaning services and received $900 cash. Nov. 18 Received a utility bill for $225 with a due date of December 4, 2018. (Use Accounts Payable) Nov. 20 Borrowed $24,000 from bank with interest rate of 9% per year. Nov. 21 Received $1,200 on account for services performed on November 9. Nov. 25 Paid $2.000 on account for vacuum cleaner purchased on November 5. Print Done Data Table Streak Free Cleaning Unadjusted Trial Balance November 30, 2018 Balance Debit Credit Account Title Cash $ 80,050 Accounts Receivable 400 250 3,600 600 Cleaning Supplies Prepaid Rent Prepaid Insurance Equipment Truck Accounts Payable 7,600 14,000 $ Unearned Revenue 2,475 36,000 24,000 42,000 Notes Payable Common Stock Dividends 500 Print Done