Cash Debit $3,220 3,150 Credit $ 500 2,730 Accounts Receivable Supplies Equipment 400 1,550 10,430 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 860 10,430 3,430 $18,350 $18,350 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,220 for salaries due employees, of which $360 is for November and $860 is for October salaries payable. Received $1,820 cash from customers in payment of account. Received $3,770 cash for services performed in November. Purchased store equipment on account $3,610. Purchased supplies on account $1,320. Paid creditors $2,530 of accounts payable due. Paid November rent $460. Paid salaries $1,050. Performed services on account worth $960 and billed customers. Received $760 from customers for services to be performed in the future. 20 22 25 27 29 Prepare a classified balance sheet at November 30. (List current assets in order of liquidity.) SUNLAND EQUIPMENT REPAIR Balance Sheet Assets $ $ Liabilities and Stockholders' Equity Prepare a retained earnings statement for November 30. SUNLAND EQUIPMENT REPAIR Retained Earnings Statement