Novak 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 Novak began the month with $$3,900$ in Retained

Earnings. This balance represents the results of its first two months of business.

During November, the following summary transactions were completed.

Nov. $8$ Paid $$1,576$ for salaries due employees, of which $$780$ is for November and $$796$ is for October salaries payable.

$10$ Received $$2,340$ cash from customers in payment of account.

$12$ Received $$4,810$ cash for services performed in November.

$15$ Purchased store equipment on account $$4,680.$

$17$ Purchased supplies on account $$1,690.$

$20$ Paid creditors $$3,250$ of accounts payable due.

$22$ Paid November rent $$634.$

$25$ Paid salaries $$1,300$

$27$ Performed services on account worth $$1,170$ and billed customers

$29$ Received $$975$ from customers for services to be performed in the future.

Adjustment data:

$1.$ Supplies on hand are valued ay $$1,430$

$2.$ Accrued salaries payable are $$634$

$3.$ Depreciation for the month is $$325.$

$4.$ Services were performed to satisfy $$650$ of unearned service revenue.

Use the tabular summary below to complete the following.

$($a$)$ Record the November transactions. Include explanations for amounts in the revenue or expense column.

$($b$)$ Compute the balance in each column after recording the November $29$ transaction.

$($c$)$ Record adjustments.

$($d$)$ Compute the adjusted balance in each column.