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Nov. 8 Paid $1,552 for salaries due employees, of which $768 is for November and $784 is for October salaries payable. 10 Received $2,304 cash
Nov. 8 Paid $1,552 for salaries due employees, of which $768 is for November and $784 is for October salaries payable. 10 Received $2,304 cash from customers in payment of account.. 12 Received $4,736 cash for services performed in November. 17 15 Purchased store equipment on account $4,608. 20 17 20 Purchased supplies on account $1,664. Paid creditors $3,200 of accounts payable due. 222 25 Paid November rent $624. Paid salaries $1.280. 27 Performed services on account worth $1,152 and billed customers. 29 Received $960 from customers for services to be performed in the future. Adjustment data: 1. Supplies on hand are valued at $1,408. 2. Accrued salaries payable are $624. 3. Depreciation for the month is $320. 4. Services were performed to satisfy $640 of unearned service revenue. View Policies Current Attempt in Progress The selected accounts from the Blue Spruce Corp's accounting records are presented below for the year ended December 31, 2022: Advertising expense $45,100 Interest revenue $24,600 Common stock 205,000 Inventory 54.940 Cost of goods sold 889,700 Rent revenue 19.680 Depreciation expense 102,500 Retained earnings 438,700 Dividends 123,000 Salaries and wages expense 553.500 Freight-out 20,500 Sales discounts 6,970 Income tax expense 57,400 Sales returns and allowances 33.620 Insurance expense 12,300 Sales revenue 1,968,000 Interest expense 57,400 Prepare a multiple-step income statement
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