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Assets Stockholde + Accts. Rec + 3,060 + Cash 11/1 Bal 3.250 + Liabilities Unearn Sery Rev. 400 + Supplies + 1.580 + Depr: -

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Assets Stockholde + Accts. Rec + 3,060 + Cash 11/1 Bal 3.250 + Liabilities Unearn Sery Rev. 400 + Supplies + 1.580 + Depr: - Equip 500 Equip 10.460 Accts. Pay 2.760 + Sal/Wages + Pay 770 Com Stock 10,460 + During November, the following summary transactions were completed Nov. 8 Paid $1.220 for salaries due employees, of which $450 is for November and $770 is for October salaries payable. 10 Received $1.900 cash from customers in payment of account 12 Received $3.810 cash for services performed in November 15 Purchased store equipment on account $3,550. 17 Purchased supplies on account $1,400 20 Paid creditors $2,580 of accounts payable due. 22 Paid November rent $530, 25 Paid salaries $1,150. 27 Performed services on account worth $980 and billed customers. 29 Received $750 from customers for services to be performed in the future. Adjustment data: 1 2. Supplies on hand are valued at $1.220. Accrued salaries payable are $480. Depreciation for the month is $290. Services were performed to satisfy 5530 of unearned service revenue. 3. 4 Assets + Stockholders' Equity + sh Liabilities Unearn Serv. Rev. 400 + Accts. Rec. + Supplies + 3.060 + 1.580 + Acc. Depr. - Equip 500 - Accts. Pay 2.760 + Equip 10,460 + Sal/Wages Pay 770 Com Stock 10.460 + Retained Earnings 3,460 50 + + + During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $450 is for November and $770 is for October salaries payable. 10 Received $1.900 cash from customers in payment of account 12 Received $3,810 cash for services performed in November 15 Purchased store equipment on account $3,550. 17 Purchased supplies on account $1.400. 20 Paid creditors $2.580 of accounts payable due 22 Paid November rent $530 25 Paid salaries $1.150. 27 Performed services on account worth $980 and billed customers 29 Received $750 from customers for services to be performed in the future. Adjustment data: 1 2 3. 4. Supplies on hand are valued at $1,220 Accrued salaries payable are $480. Depreciation for the month is $290. Services were performed to satisfy $530 of unearned service revenue. Prepare an income statement for November 30. Blue Equipment Repair $

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