Comprehensive Accounting Cycle Review 5-02 (Part Level Submission)

On November 1, 2022, Metlock had the following account balances. The company uses the perpetual inventory method.

		Debit				Credit
Cash		$18,000		Accumulated DepreciationEquipment		$2,000
Accounts Receivable		4,480		Accounts Payable		6,800
Supplies		1,720		Unearned Service Revenue		8,000
Equipment		50,000		Salaries and Wages Payable		3,400
		$74,200		Common Stock		40,000
				Retained Earnings		14,000
						$74,200

During November, the following summary transactions were completed.

Nov.	8		Paid $7,100 for salaries due employees, of which $3,700 is for November and $3,400 is for October.
	10		Received $3,800 cash from customers in payment of account.
	11		Purchased merchandise on account from Dimas Discount Supply for $16,000, terms 2/10, n/30.
	12		Sold merchandise on account for $11,000, terms 2/10, n/30. The cost of the merchandise sold was $8,000.
	15		Received credit from Dimas Discount Supply for merchandise returned $600.
	19		Received collections in full, less discounts, from customers billed on sales of $11,000 on November 12.
	20		Paid Dimas Discount Supply in full, less discount.
	22		Received $4,600 cash for services performed in November.
	25		Purchased equipment on account $10,000.
	27		Purchased supplies on account $3,400.
	28		Paid creditors $6,000 of accounts payable due.
	29		Paid November rent $750.
	29		Paid salaries $2,600.
	29		Performed services on account and billed customers $1,400 for those services.
	29		Received $1,350 from customers for services to be performed in the future.

If someone can help with this, it would be much appreciated!!!!! Thank you so much

Adjustment data: 1. 2. 3. 4. Supplies on hand are valued at $3,200. Accrued salaries payable are $1,000. Depreciation for the month is $500. $1,300 of services related to the unearned service revenue has not been performed by month-end. Joumalize 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.) Debit Credit No. Date Account Titles and Explanation 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.) 11/1 Bal. 11/10 11/19 11/22 11/29 11/30 Bal. 7,100 15,092 6,000 750 2,600 Cash 18,000/11/8 3,800 11/20 10,780 11/28 4,600 11/29 1,35011/29 6.988 Accounts Receivable 4,48011/10 11,000 11/19 1,400 2,080 Inventory 16,000 11/12 11/15 11/20 7,092 Supplies 1,720 11/1 Bal. 11/12 11/29 11/30 Bal. 3,800 11,000 11/11 0.000 11/30 Bal. 11/1 Bal. 11/27 3,400 11/1 Bal. 11/25 Equipment 50,000 10,000 60,000 Accumulated Depreciation Equipment 11/30 Bal. 2,000 11/15 11/20 11/28 Accounts Payable 600 11/1 Bal. 15,400 11/11 6,000 11/25 11/27 11/30 Bal. Unearned Service Revenue 11/1 Bal. 6,800 16.000 10,000 3,400 14,200 8,000 11/29 1,350 Salaries and Wages Payable 100 11/1 Bal. 3,400 40,000 40,000 Common Stock 11/1 Bal. 11/30 Bal. Retained Earnings 11/1 Bal. Service Revenue 14,000 1/22 4,600 11/29 1,400 Depreciation Expense Supplies Expense Salaries and Wages Expense 3,700 11/29 2,600 Rent Expense 750 11,000 Sales Revenue 11/12 Cost of Goods Sold 8,000 Sales Discounts 11/19 220