November 2019

• November 5^th Pay telephone bill accrue 10/30
• November 10^th Pay employee wages accrued on 10/30
• November 10^th Pay baking supplies purchased on credit 10/12
• November 10^th - Purchase baking supplies on credit $10,000 due next month
• November 15th Accrue wages for week ended 11/15 @ 35 hours 12.00/per hour
• November 15^th Purchase for cash $300 miscellaneous supplies
• November 15^th - Paid November rent, $1,500 in cash
• November 15^th Purchase 10 bottles (merchandise inventory) @ 6.00 each
• November 20^th Sold 8 bottles $8.50 (record transaction assuming FIFO) for cash
• November 20^th Purchase 20 bottles @ 6.05 each for cash
• November 20^th Pay employees accrued on 11/15
• November 30^th Sold 18 bottles @ $8.50 each for cash
• November 30^th Record telephone bill $45, paid 12/5
• November 30^th Accrue wages w.e. 11/30 30 hours @ 12.00/hour
• November 30^th - Record November sales $25,000 received by Peyton in cash
• November 30^th Pay owner dividends in cash $2.500

• 	Peyton Approved
  	General Journal Entries
  	Nov-19
  	Date	Accounts	Debit	Credit