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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

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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. Assets Liabilities Stockholde Equity Accts Rec Acc Depr. - Accts. Equip Pay Unearn. Serv Rev Cash Sal./Wages + Com Pay. Stock + + Supplies + Equip. Re Ea + 11/1 Bal 2.624 + 2.734 + 1.050+ 9,400 470- 2.162 376 - 580+ 9.400 2 During November, the following summary transactions were completed. Nov. 8 10 12 15 Paid $ 1,144 for salaries due employees, of which $ 564 is for November and $ 580 is for October salaries payable. Recelved $1,692 cash from customers in payment of account. Received $ 3.478 cash for services performed in November, Purchased store equipment on account $ 3,384 Purchased supplies on account $ 1.222 Paid creditors $ 2,350 of accounts payable due Paid November rent $ 454 Paid salaries $ 940 17 20 22 25 During November, the following summary transactions were completed. 10 12 15 17 Nov. 8 Paid $ 1.144 for salaries due employees, of which $ 564 is for November and $ 580 is for October salaries payable Received $1,692 cash from cuztomers in payment of account. Received $ 3.478 cash for services performed in November Purchased store equipment on account $ 3,384 Purchased supplies on account $ 1,222. Paid creditors $2,350 of accounts payable due. Paid November rent $ 454. Paid salaries $940. Performed services on account worth $ 846 and billed customers. Received $ 705 from customers for services to be performed in the future. 20 22 25 27 29 Adjustment data: 1. 2 Supplies on hand are valued at $1.034 Accrued salaries payable are $ 454 Depreciation for the month is $235. Services were performed to satisty$ 470 of unearned service revenue. 3 4 Marigold Equipment Repair Income Statement $ $ -La Martin

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