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During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,408 for salaries due employees, of which $696 is for

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During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,408 for salaries due employees, of which $696 is for November and $712 is for October salaries payable. Received $2,088 cash from customers in payment of account. Received $4,292 cash for services performed in November. Purchased store equipment on account $4,176. Purchased supplies on account $1,508. Paid creditors $2,900 of accounts payable due. Paid November rent $564. Paid salaries $1,160. Performed services on account worth $1,044 and billed customers. Received $870 from customers for services to be performed in the future. 20 22 25 27 29 Adjustment data: 1. 2. Supplies on hand are valued at $1,276. Accrued salaries payable are $564. Depreciation for the month is $290. Services were performed to satisfy $580 of unearned service revenue. 3. 4. Culver Equipment Repair began operating in September 2022. It prepares financial statements at the end of each month. On November 1, 2022, a tabular summary includes the following information. Note that Culver began the month with $3,480 in Retained Earnings. This balance represents the results of its first two months of business. Assets + Stockhok Liabilities Unearn. Serv. Rev. Acc. Depr.- Equip. + Accts. Rec. + Supplies + 3,372 + 1,292 + Sal./Wages + Pay. + Cash 11/1 Bal. 3,240 Accts. Pay. 2,668 + Equip. 11,600 Com. Stock 11,600 + 580 + 464 + 712 + + operating in September 2022. It prepares financial statements at the end of each month. On mmary includes the following information. Note that Culver began the month with $3,480 in represents the results of its first two months of business. + Stockholders' Equity Acc. Depr.- Equip. 580 Liabilities Unearn. Serv. Rev. Accts. Pay. 2,668 + + Equip. 11,600 Sal./Wages + Pay. 712 Com. Stock 11,600 + Retained Earnings 3,480 + 464 + + + Prepare a retained earnings statement for November 30. Culver Equipment Repair Retained Earnings Statement V: $ $

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