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No. Debits 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment $ 2,400 4,250 1,800 12,000 No. Credits 154 Accumulated Depreciation-Equipment 201 Accounts Payable 209

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No. Debits 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment $ 2,400 4,250 1,800 12,000 No. Credits 154 Accumulated Depreciation-Equipment 201 Accounts Payable 209 Unearned Service Revenue 212 Salaries and Wages Payable 311 Common Stock 320 Retained Earnings $ 2,000 2,600 1,200 700 10,000 3,950 $20,450 $20,450 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 20 22 25 27 29 Paid $1,700 for salaries due employees, of which $700 is for October salaries. Received $3,420 cash from customers on account. Received $3,100 cash for services performed in November Purchased equipment on account $2,000. Purchased supplies on account $700. Paid creditors on account $2,700. Paid November rent $400. Pald salaries $1,700. Performed services on account and billed customers $1,900 for these services. Received $600 from customers for future service. Date Debit Credit Account Titles and Explanation Cash Nov. 8 1700 Accounts Payable Salaries and Wages Payable Nov. 10 Cash 3420 Accounts Receivable 3420 Nov. 12 Cash 3100 Service Revenue 3100 Nov. 15 Equipment 2000 Accounts Payable 2000 Nov. 17 Supplies 700 Accounts Payable Nov. 20 Accounts Payable 2700 Cash 2700 Nov. 22 Rent Expense Cash Nov. 25 Salaries and Wages Expense 1000 Cash 1000 Nov. 27 Accounts Receivable 1900 Service Revenue 1900 Nov. 29 Cash 600 Unearned Service Revenue 600 Cash Ref Debi Debit Credit Date Explanations Nov. 1 Balance No. Balance 2,400 Accounts Receivable Explanations Nov. 1 Balance Date Ref Debit Credit No. 112 Balance 4,250 Supplies Date Debit Credit Explanation Nov. 1 Balance No. 126 Balance 1,800 Equipment Date Ref Debit Credit Explanation Nov. 1 Balance No. 153 Balance 12,000 Accumulated Depreciation Equipment Date Explanation Ref Nov. 1 Balance Debit Credit No. 154 Balance 2,000 Accounts Payable Date Explanation Nov. 1 Balance Ref Debit Credit No. 201 Balance 2,600 Unearned Service Revenue Date Explanation Nov. 1 Balance Ref Debit Credit No. 209 Balance 1,200 Salaries and Wages Payable Date Explanation Nov. 1 Balance Debit Credit No. 212 Balance 700 Ref Debit Credit Common Stock Date Explanation Nov. 1 Balance Retained Earnings Date Explanation Nov. 1 Balance Service Revenue Date Explanation No. Balarne 10,000 No. 320 Balance 3,950 No. 407 Ref Debit Credit Ref Debit Credit Balance Salaries and Wages Expense Date Explanation No. 726 Balance Ref Debit Credit Rent Expense Date No. 729 Balance Explanation Ref Debit Credit

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