NWP Assessment Player Ul App x > NWP Assessment Player Ul Appi x + t-player/index.html?launchid=c826425e-b199-4665-9978-c10fafb4b0b8#/question/2 Question 3 of 3 -/9 View Policies Current Attempt in Progress On November 1, 2017 the following were the account balances of Soho Equipment Repair Cash Accounts Receivable Supplies Equipment Debit $3,310 3.120 1.640 10.520 Accumulated Depreciation Equipment Accounts Payable Uneamed Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $ 500 2.820 400 830 10.520 3.520 $18.590 $18.590 During November, the following summary transactions were completed Nov. 10 12 15 17 20 22 25 27 29 Paid $1,220 for salaries due employees, of which $390 is for November and $830 is for October salaries payable Received $1.880 cash from customers in payment of account Received $3.710 cash for services performed in November Purchased store equipment on account 53610 Purchased supplies on account $1,380. Paid creditors 52 580 of accounts payable due Paid November rent $460. Pald salaries 51.050 Performed services on account worth $950 and billed customers Received $830 from customers for services to be performed in the future, Enter the November 1 balances in the ledger accounts Cash 2.330 Accounts Receivable Question 3 of 3 > -19 e Textbook and Media List of Accounts Journalize the following adjusting entries. Il no entry is required, select "No Entry for the account titles and enter for the amounts Credit occount titles are automatically Indented when the amount is entered. Do not indent manually 1 2 3. 4. Supplies on hand are valued at $1,290 Accrued salaries payable are $490 Depreciation for the month is $280. Services were performed to satisfy $550 of unearned service revenue. No. Account Titles and Explanation Debit Credit 1. 2 3. 4 e Textbook and Media List of Accounts Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous question) 11/1 Bal 11/10 11/12 Cash 3,31011/8 1.880 11/20 3.710 11/22 1.220 2580 460 > NWP Assessment Player Ul ApkX + Question 3 of 3 > - 19 List of Accounts Prepare an income statement for November 30 SOHO EQUIPMENT REPAIR Tncome Statement November 30, 2017 e Textbook and Media List of Accounts Prepare a retained earnings statement for November 30 SOHO EQUIPMENT REPAIR Retailed Earnings Statement November 30, 2017 sessment Player UI App X NWP Assessment Player Ul App + index.html?launchid=c826425e-b199.46e5-9978-c10fafb4b0b8i/question/2 Question 3 of 3 > Prepare a retained earnings statement for November 30. SOHO EQUIPMENT REPAIR Retained Earnings Statement November 30, 2017 $ V $ e Textbook and Media List of Accounts Prepare a classified balance sheet at November 30. (List current assets in order of liquidity.) SOHO EQUIPMENT REPAIR Balance Sheet November 30, 2017 Assets 5 mt Player Ul App X > NWP Assessment Player Ul App X + tml?launchid=c826425e-b199-46e5-9978-chlafb4b0b3e/question/2 estion 3 of 3 -/9 E SOHO EQUIPMENT REPAIR Balance Sheet November 30, 2017 Assets > Liabilities and Stockholders' Equity e Textbook and Media List of Accounts NWP Assessment Player Ul App x > NWP Assessment Player Ul Appi x + t-player/index.html?launchid=c826425e-b199-4665-9978-c10fafb4b0b8#/question/2 Question 3 of 3 -/9 View Policies Current Attempt in Progress On November 1, 2017 the following were the account balances of Soho Equipment Repair Cash Accounts Receivable Supplies Equipment Debit $3,310 3.120 1.640 10.520 Accumulated Depreciation Equipment Accounts Payable Uneamed Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $ 500 2.820 400 830 10.520 3.520 $18.590 $18.590 During November, the following summary transactions were completed Nov. 10 12 15 17 20 22 25 27 29 Paid $1,220 for salaries due employees, of which $390 is for November and $830 is for October salaries payable Received $1.880 cash from customers in payment of account Received $3.710 cash for services performed in November Purchased store equipment on account 53610 Purchased supplies on account $1,380. Paid creditors 52 580 of accounts payable due Paid November rent $460. Pald salaries 51.050 Performed services on account worth $950 and billed customers Received $830 from customers for services to be performed in the future, Enter the November 1 balances in the ledger accounts Cash 2.330 Accounts Receivable Question 3 of 3 > -19 e Textbook and Media List of Accounts Journalize the following adjusting entries. Il no entry is required, select "No Entry for the account titles and enter for the amounts Credit occount titles are automatically Indented when the amount is entered. Do not indent manually 1 2 3. 4. Supplies on hand are valued at $1,290 Accrued salaries payable are $490 Depreciation for the month is $280. Services were performed to satisfy $550 of unearned service revenue. No. Account Titles and Explanation Debit Credit 1. 2 3. 4 e Textbook and Media List of Accounts Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous question) 11/1 Bal 11/10 11/12 Cash 3,31011/8 1.880 11/20 3.710 11/22 1.220 2580 460 > NWP Assessment Player Ul ApkX + Question 3 of 3 > - 19 List of Accounts Prepare an income statement for November 30 SOHO EQUIPMENT REPAIR Tncome Statement November 30, 2017 e Textbook and Media List of Accounts Prepare a retained earnings statement for November 30 SOHO EQUIPMENT REPAIR Retailed Earnings Statement November 30, 2017 sessment Player UI App X NWP Assessment Player Ul App + index.html?launchid=c826425e-b199.46e5-9978-c10fafb4b0b8i/question/2 Question 3 of 3 > Prepare a retained earnings statement for November 30. SOHO EQUIPMENT REPAIR Retained Earnings Statement November 30, 2017 $ V $ e Textbook and Media List of Accounts Prepare a classified balance sheet at November 30. (List current assets in order of liquidity.) SOHO EQUIPMENT REPAIR Balance Sheet November 30, 2017 Assets 5 mt Player Ul App X > NWP Assessment Player Ul App X + tml?launchid=c826425e-b199-46e5-9978-chlafb4b0b3e/question/2 estion 3 of 3 -/9 E SOHO EQUIPMENT REPAIR Balance Sheet November 30, 2017 Assets > Liabilities and Stockholders' Equity e Textbook and Media List of Accounts