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Enter the November 1 balances in the ledger accounts On November 1, 2022, the account balances of Blue Spruce Corp. were as follows. No. Debits
Enter the November 1 balances in the ledger accounts
On November 1, 2022, the account balances of Blue Spruce Corp. were as follows. No. Debits No. Credits 101 Cash $2,880 154 $ 2,400 112 Accounts Receivable 5,100 201 3,120 126 2.160 209 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Supplies Equipment 1.440 153 14.400 212 840 311 12,000 320 Retained Earnings 4,740 $24.540 $24,540 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $2,040 for salaries due employees, of which $840 is for October salarles. Received $4.096 cash from customers on account Received $3.720 cash for services performed in November, Purchased equipment on account $2,400. Purchased supplies on account $840. Paid creditors on account $3,240. Pald November rent $480. Pald salaries $2,040 Performed services on account and billed customers $2,280 for these services Recelved $720 from customers for future service. 20 22 25 27 29 Enter the November 1 balances in the ledger accounts. No. 101 Cash Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 112 Accounts Receivable Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 126 Supplies Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 153 Equipment Date Explanation Nov. 1 Balance Ref Debit Credit Balance No. 154 Accumulated Depreciation Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 209 Uneared Service Revenue Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 212 Salaries and Wages Payable Date Explanation Ref Debit Credit Balance Nov. 1 Balance Common Stock No. 311 Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 320 Retained Earnings Date Explanation Ref Debit Credit Balance Nov. 1 Balance Step by Step Solution
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