Current Attempt in Progress On November 1, 2017, the following were the account balances of Soho Equipment Repair. Cash Accounts Receivable Supplies Equipment Debit $3,580 3,010 1,910 10,790 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $ 500 3,090 400 720 10,790 3,790 $19,290 $19,290 During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $500 is for November and $720 is for October salaries payable. 10 Received $1,850 cash from customers in payment of account. 12 Received $3,710 cash for services performed in November. 15 Purchased store equipment on account $3,630. 17 Purchased supplies on account $1,370. 20 Paid creditors $2,590 of accounts payable due. 22 Paid November rent $460. 25 Paid salaries $1,080. 27 Performed services on account worth $940 and billed customers. 29 Received $820 from customers for services to be performed in the future. Enter the November 1 balances in the ledger accounts. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Journalize the November transactions. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Nov. 8 4 4 Post above journal entries to the ledger accounts. (Post entries in the order of journal entries passed in the previous question.) Cash 11/1 Bal. 3,580 > > Accounts Receivable 11/1 Bal. 3,010 Supplies 11/1 Bal. 1,910 Equipment 11/1 Bal. 10,790 Accumulated Depreciation - Equipment 11/1 Bal. 500 Accounts Payable 11/1 Bal. 3,090 4 Unearned Service Revenue 11/1 Bal. 400 Salaries and Wages Payable 11/1 Bal. 720 Common Stock 11/1 Bal. 10,790 Retained Earnings 11/1 Bal. 3,790 Service Revenue + Salaries and Wages Expense Rent Expense > Prepare a trial balance at November 30. SOHO EQUIPMENT REPAIR Trial Balance Debit Credit ta $ $ $ Journalize the following adjusting entries. (If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. Supplies on hand are valued at $1,140. 2. Accrued salaries payable are $480. 3. Depreciation for the month is $270. 4. Services were performed to satisfy $510 of unearned service revenue. No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous ques 11/1 Bal. 11/10 1,220 2,590 460 1,080 11/12 11/29 11/30 Bal. Cash 3,580 11/8 1,850 11/20 3,710 11/22 820 11/25 4,610 Accounts Receivable 3,010 11/10 9401 2,100 Supplies 1,850 11/1 Bal. 11/27 11/30 Bal. 11/1 Bal. 1,910 11/27 1,370 11/1 Bal. 11/15 Equipment 10,790 3,630 14,420 Accumulated Depreciation Equipment 11/30 Bal. 11/1 Bal. 500 4 11/20 Accounts Payable 2,590 11/1 Bal. 11/15 11/17 11/30 Bal. 3,090 3,630 1,370 5,500 Unearned Service Revenue 11/1 Bal. 400 11/29 820 Salaries and Wages Payable 720 11/1 Bal. 11/8 720 10,790 10,790 Common Stock 11/1 Bal. 11/30 Bal. Retained Earnings 11/1 Bal. 11/30 Bal. Service Revenue 3,790 3,790 11/12 3,710 11/27 940 Depreciation Expense . Supplies Expense Salaries and Wages Expense 500 11/8 11/25 1,080 11/22 11/30 Bal. Rent Expense 4601 460 Prepare an adjusted trial balance. SOHO EQUIPMENT REPAIR Trial Balances Debit Credit $ $ $ $ Prepare an income statement for November 30. SOHO EQUIPMENT REPAIR Income Statement $ $ LA Prepare a retained earnings statement for November 30. SOHO EQUIPMENT REPAIR Retained Earnings Statement $ + Prepare a classified balance sheet at November 30. (List current assets in order of liquidity.) SOHO EQUIPMENT REPAIR Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity $ $ $