Comprehensive Accounting Cycle Review 5-02 (Part Level Submission) On November 1, 2022, Marin had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Supplies Equipment Debit $17,100 Accumulated Depreciation-Equipment 4,256 Accounts Payable 1,634 Unearned Service Revenue 47,500 Salaries and Wages Payable $70,490 Common Stock Retained Earnings Credit $1,900 6,460 7,600 3,230 38,000 13,300 $70,490 During November, the following summary transactions were completed. Nov. 8 Paid $6,745 for salaries due employees, of which $3,515 is for November and $3,230 is for October 10 Received $3,610 cash from customers in payment of account. 11 Purchased merchandise on account from Dimas Discount Supply for $15,200, terms 2/10, n/30. 12 Sold merchandise on account for $10,450, terms 2/10, n/30. The cost of the merchandise sold was $7,600. 15 Received credit from Dimas Discount Supply for merchandise returned $570. 19 Received collections in full, less discounts, from customers billed on sales of $10,450 on November 12. 20 Paid Dimas Discount Supply in full, less discount. 22 Received $4,370 cash for services performed in November. 25 Purchased equipment on account $9,500. 27 Purchased supplies on account $3,230. 28 Paid creditors $5,700 of accounts payable due. 29 Paid November rent $712. 29 Paid salaries $2,470. 29 Performed services on account and billed customers $1,330 for those services. 29 Received $1,283 from customers for services to be performed in the future. Adjustment data: are valued at $3,040. Assignment page payable are $950. 3. Depreciation for the month is $475. 4. $1,235 of services related to the unearned service revenue has not been performed by month-end. Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 2. Nov. 30 3. Nov. 30 4. Nov. 30 Post the above adjusting entries. (Post entries in the order of journal entries presented above.) 6,745 14,337 5,700 11/1 Bal. 11/10 11/19 11/22 11/29 11/30 Bal. 712 2,470 Cash 17,100 11/8 3,610 11/20 10,241 11/28 4,370 11/29 1,283 11/29 6,640 Accounts Receivable 4,256 11/10 10,450 11/19 1,330 1,976 Inventory 15,200 11/12 11/15 11/20 6,737 Supplies 11/1 Bal. 11/12 11/29 11/30 Bal. 3,610 10,450 11/11 7,600 570 293 11/30 Bal. 11/1 Bal. 1,634 11/27 3,230 Equipment 11/1 Bal. 47,500 11/25 9,500 11/30 Bal. 57,000 Accumulated Depreciation Equipment 11/1 Bal. 1,900 11/15 11/20 11/28 Accounts Payable 570 11/1 Bal. 14,630/11/11 5,700 11/25 11/27 6,460 15,200 9,500 3,230 13,490 11/30 Bal. Unearned Service Revenue 11/1 Bal. 7,600 11/29 1,283 Salaries and Wages Payable 3,230 11/1 Bal. 11/8 3,230 Common Stock 11/1 Bal. 11/30 Bal. Retained Earnings 38,000 38,000 11/1 Bal. 13,300 Service Revenue 11/22 4,370 11/29 1,330 Depreciation Expense Supplies Expense Salaries and Wages Expense 11/8 3,515 11/29 2,470 Rent Expense 11/29 712 10,450 Sales Revenue 11/12 Cost of Goods Sold 7,600 Sales Discounts 2099 11/12 11/19