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During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $480 is for November and $740
During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $480 is for November and $740 is for October salaries payable. 10 Received $1,820 cash from customers in payment of account. 12 Received $3,770 cash for services performed in November. 15 Purchased store equipment on account $3,850. 17 Purchased supplies on account $1,370. 20 Paid creditors $2,580 of accounts payable due. Paid November rent $520. Paid salaries $1,040. 27 Performed services on account worth $980 and billed customers. 29 Received $820 from customers for services to be performed in the future. 25 222222
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