On November $1,2027,$ the account balances of Sandhill Equipment Repair were as follows.

$\backslash$table$[[$No$.,$Debits,No$.,$Credits$],[101,$Cash,$$2,880,154,$Accumulated Depreciation$-$Equipment$],[112,$Accounts Receivable,$5,100,201,$Accounts Payable$],[126,$Supplies,$2,160,209,$Unearned Service Revenue$],[153,$Equipment,$14,400,212,$Salaries and Wages Payable$],[,,311,$Common Stock$],[,,320,$Retained Earnings$],[,$$$24,540,,]]$

During November, the following summary transactions were completed.

Nov. $8$ Paid $$2,040$ for salaries due employees, of which $$840$ is $f.$

$10$ Received $$4,096$ cash from customers on account.

$12$ Received $$3,720$ cash for services performed in Novembe

$15$ Purchased equipment on account $$2,400.$

$17$ Purchased supplies on account $$840.$

$20$ Paid creditors on account $$3,240.$

$22$ Paid November rent $$480.$

$25$ Paid salaries $$2,040.$

$27$ Performed services on account and billed customers $$2,2$

$29$ Received $$720$ from customers for future service.

$($a$)$

Your answer is correct.

Enter the November $1$ balances in the ledger accounts. Income Statement

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List of Accounts

Prepare a retained earnings statement for November $30.$

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List of Accounts

On November $1,2027,$ the account balances of Sandhill Equipment Repair were as follows.

$\backslash$table$[[$No$.,$Debits,,No$.,$Credits,$],[101,$Cash,$$2,880,154,$Accumulated Depreciation$-$Equipment,$$2,400$