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Nov. 1 Cash paid for rent for November $ 7,200 Nov 3 Electrical equipment purchased $ 18,000 Cash paid for electrical equipment (personal funds) $

  1. Nov. 1 Cash paid for rent for November $ 7,200 
  2. Nov 3 Electrical equipment purchased $ 18,000 
  3. Cash paid for electrical equipment (personal funds) $ 10,000 
  4. Nov 5 Cash paid to purchase office supplies $ 1,800 
  5. Nov 6 Cash received for electrical work completed $ 2,000 
  6. Nov 8 Office equipment purchased on credit $ 5,200 
  7. Nov 15 Electrical work completed on credit $ 6,000 
  8. Nov 16 Salary for part-time technician, beginning work in three weeks $ 5,300 
  9. Nov 18 Office supplies purchased on credit $ 1,000 
  10. Nov 20 Cash paid for office equipment purchased November 8 (see Nov 8) 
  11. Nov 24 Electrical work completed for a client; due in 30 days $ 4,800 
  12. Nov 28 Cash received for work completed on November 15 $ 6,000 
  13. Nov 30 Cash paid for assistant's salary $ 4,400 
  14. Nov 30 Cash paid for monthly utility bill $ 3,600 
  15. Nov 30 Cash withdrawn for personal use $ 1,400 

  16. Question- Make  balance sheet of it and Explain why revenue is not recorded on November 28.

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