HW:CHAPTER3 2/2: Enter the November 1 balances in the ledger accounts.
Information:
Journalize the November transactions. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) During November, the following summary transactions were completed. Nov. 8 Paid $2,040 for salaries due employees, of which $840 is for October salaries. 10 Received $4.096 cash from customers on account. 12 Received $3,720 cash for services performed in November. 15 Purchased equipment on account $2,400. 17 Purchased supplies on account $840. 20 Paid creditors on account $3,240. 22 Paid November rent $480. 25 Paid salaries $2,040. 27. Performed services on account and billed customers $2,280 for these services. 29 Received $720 from customers for future service. On November 1, 2022, the account balances of Blue Spruce Corp. were as follows. During November, the following summary transactions were completed 10 Received 54096 cash from customers on account. 12. Received $3720 cash for services performed in Noven ber 15 Parchased equipmint on account \$2,400. Enter the November 1 balances in the ledger accounts. \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Accounts Payable } & No. 201 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline Nov, 1 & Balance & & & & 3120 \\ \hline \multicolumn{5}{|c|}{ Unearned Service Revenue } & No. 209 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance: \\ \hline Nov, 1 & Balance & & & & 1440 \\ \hline \multicolumn{5}{|c|}{ Salaries and Wages Payable } & No. 212 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline Now 1 & Balance & & & & 040 \\ \hline \multicolumn{5}{|c|}{ Common Stock } & No, 311 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline Nov.1 & Balance & & & & 12000 \\ \hline \multicolumn{5}{|c|}{ Retained Earnings } & No, 320 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline Now 1 & Balance & & & & 4740 \\ \hline \end{tabular}