enter the november 1, balnces in the ledger account,b)journalize the november transaction c) post to ledger account d) prepare trial balance e) journalize the adjusting entries f) post the adjusting entries g) prepare an adjusted trial balance h) prepare an income statement for november i) prepare an owners equity statement j)prepare a balance sheet
Current Attempt in Progress On November 1, 2022, the account balances of Sheridan Equipment Repair were as follows. During November, the following summary transactions were completed. During November, the following summary transactions were completed. Nov, 8 Paid $1,700 for salaries due employees, of which $674 is for October salaries 10 Received $3.440 cash from customers on account. 12 Received \$3,100 cash for services performed in November. 15 Purchased equipment on account $1.950. 17 Purchased supplies on account $660 20 Paid creditors on account $2,680. 22 Paid November rent $430. 25 Paid salaries 51.700. 27 Performed services or account and billed customers $1,930 for these services 29 Received $600 from customers for future service Enter the November 1 balances in the ledger accounts. Journalize the November transactions. (List all debit entries before credit entries Credit occount titier are automatically indented when the amount is entered. Do not indent manually, Record journal entries in the order presented in the problem) Post to the ledger accounts. Use J1 for the posting reference. Use the following additional accourits: No 407 Service Revenue. Na. 615 Depreciation Expense. No. 631 Supplies Expense, No 726 Salaries and Wages Expense and No. 729 Rent Expense Prepare a trial balance at November 30 . Adjustment data consist of: 1. Supplies ontharid $1,450 2. Acerued salaries payable $337. 3. Depreciation for the month is $190 4. Services felated to unearned service reveriue of $1,230 were performed. Journatize the adjustive entries (List all debit entries before credit entries. Credit occount titles are outomotically indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problen.) Post the adjusting entries Prepare an adjusted trial balance. Prepare an income statement for November. Prepare an owner's equity statement for November. Prepare a balance sheet at November 30. (Uist Assets in order of liquidity) Current Attempt in Progress On November 1, 2022, the account balances of Sheridan Equipment Repair were as follows. During November, the following summary transactions were completed. During November, the following summary transactions were completed. Nov, 8 Paid $1,700 for salaries due employees, of which $674 is for October salaries 10 Received $3.440 cash from customers on account. 12 Received \$3,100 cash for services performed in November. 15 Purchased equipment on account $1.950. 17 Purchased supplies on account $660 20 Paid creditors on account $2,680. 22 Paid November rent $430. 25 Paid salaries 51.700. 27 Performed services or account and billed customers $1,930 for these services 29 Received $600 from customers for future service Enter the November 1 balances in the ledger accounts. Journalize the November transactions. (List all debit entries before credit entries Credit occount titier are automatically indented when the amount is entered. Do not indent manually, Record journal entries in the order presented in the problem) Post to the ledger accounts. Use J1 for the posting reference. Use the following additional accourits: No 407 Service Revenue. Na. 615 Depreciation Expense. No. 631 Supplies Expense, No 726 Salaries and Wages Expense and No. 729 Rent Expense Prepare a trial balance at November 30 . Adjustment data consist of: 1. Supplies ontharid $1,450 2. Acerued salaries payable $337. 3. Depreciation for the month is $190 4. Services felated to unearned service reveriue of $1,230 were performed. Journatize the adjustive entries (List all debit entries before credit entries. Credit occount titles are outomotically indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problen.) Post the adjusting entries Prepare an adjusted trial balance. Prepare an income statement for November. Prepare an owner's equity statement for November. Prepare a balance sheet at November 30. (Uist Assets in order of liquidity)
