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Monty Equipment Repair began operative in September 2022 is prepares francial statements at the end of eactimonth. On Novernber 1, 2022. a tabular summaryincludes the

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Monty Equipment Repair began operative in September 2022 is prepares francial statements at the end of eactimonth. On Novernber 1, 2022. a tabular summaryincludes the following idormation. Note that Monty begari the month wich 32,400 in Retained Earnings. This balance revesents the results of its first two monttes of bininess. During Nustuter. the following vumbary transations were cenpieteit. 30. Received \$1,764 cash fiom costomern in pomert of arcoure. 15. Turchased stere equipent on acceunt 52.526 17 Purchated woples on account $1.274. 20 Paidcredtors $2.450 of accounispaysble then 22 Paid Nowe her rent 1474 25 Pwitsataies 5900 . 2) Herforedi services an zcocint worth fill 2 ard biled wastoners 2y. Reckived 3735 tom rustomen for iervices tu be perfortiod in the future. Adjustment datat 1. Supplies cn hand are valued at 51,078 . 2. Accoved sabarles payable are $474 3. Depreciation for the meneh is $245. 4. Services were pertormad fo satisty 4490 of unearned service revenue. \{aydi - You artiver lo oartialif coned misicil] Q.i Comipute the bslance in each column after recorting the Nowember 24 transaction: 4) Reciord adpatments. Idi Comgute the acfiusted balwee in eschcolumi Expentes Salaries and Wages Expense 5 eTextbook and Media

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