Comprehensive Accounting Cycle Review 5-02 (Part Level Submission) On November 1, 2022, Sage Hill had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Supplies Equipment Debit $8,100 2,016 774 22,500 $33,390 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $900 3,060 3,600 1,530 18,000 6,300 $33,390 During November, the following summary transactions were completed. Nov. 8 10 11 12 19 20 22 25 27 28 29 29 29 29 Paid $3,195 for salaries due employees, of which $1,665 is for November and $1,530 is for October. Received $1,710 cash from customers in payment of account. Purchased merchandise on account from Dimas Discount Supply for $7,200, terms 2/10, n/30. Sold merchandise on account for $4,950, terms 2/10, n/30. The cost of the merchandise sold was $3,600. Received credit from Dimas Discount Supply for merchandise returned $270. Received collections in full, less discounts, from customers billed on sales of $4,950 on November 12. Paid Dimas Discount Supply in full, less discount. Received $2,070 cash for services performed in November. Purchased equipment on account $4,500. Purchased supplies on account $1,530. Paid creditors $2,700 of accounts payable due. Paid November rent $337. Paid salaries $1,170. Performed services on account and billed customers $630 for those services. Received $608 from customers for services to be performed in the future. (a) Enter the November 1 balances in ledger T-accounts. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Click if you would like to Show Work for this question: Open Show Work