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journalizs the transactions ommon Stock 10,420 Retained Earnings $18,260 3,420 $18,260 During November, the following summary transactions were completed, Nov. 8 10 12 15 17
journalizs the transactions
ommon Stock 10,420 Retained Earnings $18,260 3,420 $18,260 During November, the following summary transactions were completed, Nov. 8 10 12 15 17 Paid $1,220 for salaries due employees, of which $420 is for November and $800 is for October salaries payable. Received $1,820 cash from customers in payment of account Received $3,710 cash for services performed in November. Purchased store equipment on account $3,890. Purchased supplies on account $1,370. Paid creditors $2.580 of accounts payable due. Paid November rent $460. 20 22 25 Paid salaries $1.110. 27 29 Performed services on account worth $980 and billed customers. Received $760 from customers for services to be performed in the future Step by Step Solution
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