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Marigold Equipment Repair began operating in September 2022 . It prepares financial statements at the end of each month. On November 1, 2022, a tabular

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Marigold Equipment Repair began operating in September 2022 . It prepares financial statements at the end of each month. On November 1, 2022, a tabular summary includes the following information. Note that Marigold began the month with $2,820 in Retained Earnings. This balance represents the results of its first two months of business. Uuring November, the following summary transactions were completed. Nov. 8 Paid $1,144 for salaries due employees, of which $564 is for November and $580 is for October salaries payable. 10 Received $1,692 cash from customers in payment of account. 12 Received $3.478 cash for services performed in November. 15 Purchased store equipment on account $3,384. 17 Purchased supplies on account $1,222. 20 Paid creditors $2,350 of accounts payable due. 22 Paid November rent $454. 25 Paid salaries $940. 27 Performed services on account worth $846 and billed customers. 29 Received $705 from customers for services to be performed in the future. Adjustment data: 1. Supplies on hand are valued at $1,034. 2. Accrued salaries payable are $454. 3. Depreciation for the month is $235. 4. Services were performed to satisfy $470 of unearned service revenue. Assets 1,050Supplies+ Equip. 15 17

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