On November 1, 2017, Kingbird, Inc had the following account balances The company uses the perpetual inventory method Debit Credit Cash $10,800 Accumulated DepreciationEquipment $1,200 Accounts Receivable 2,688 Accounts Payable 4,080 Supplies 1,032 Unearned Service Revenue 4,800 Equipment 30,000 Salaries and Wages Payable 2,040 $44,520 Common Stock 24,000 Retained Earnings 8,400 $44,520 During November, the following summary transactions were completed Nov 8 Paid $4,260 for salaries due employees, of which $2,220 is for November and $2,040 is for October 10 Received $2,280 cash from customers in payment of account 11 Purchased merchandise on account from Dimas Discount Supply for $9,600, terms 2 10, n 30 12 Sold merchandise on account for $6,600, terms 2 10, n 30 The cost of the merchandise sold was $4,800 15 Received credit from Dimas Discount Supply for merchandise returned $360 19 Received collections in full, less discounts, from customers billed on sales of $6,600 on November 12 20 Paid Dimas Discount Supply in full, less discount 22 Received $2,760 cash for services performed in November 25 Purchased equipment on account $6,000 27 Purchased supplies on account $2,040 28 Paid creditors $3,600 of accounts payable due 29 Paid November rent $450 29 Paid salaries $1,560 29 Performed services on account and billed customers $840 for those services 29 Received $810 from customers for services to be performed in the future Journalize the November transactions (Credit account titles are automatically indented when the amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts Round answers to 0 decimal places, e g 5,275 Record journal entries in the order presented in the problem ) Date Account Titles and Explanation Debit Credit Nov 8 Nov 10 Nov 11 pick date 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 (To record credit sale) (To record cost of merchandise sold) Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 Nov 19 Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 Nov 8Nov 10Nov 11Nov 12Nov 15Nov 19Nov 20Nov 22Nov 25Nov 27Nov 28Nov 29 (To record November rent paid) (To record salaries paid) (To record services performed) (To record receipt for services performed)

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On November 1, 2017, Kingbird, Inc. had the following account balances. The company uses the perpetual inventory method. Debit Credit Cash $10,800 Accumulated DepreciationEquipment $1,200

On November 1, 2017, Kingbird, Inc. had the following account balances. The company uses the perpetual inventory method.

	Debit		Credit
Cash	$10,800	Accumulated DepreciationEquipment	$1,200
Accounts Receivable	2,688	Accounts Payable	4,080
Supplies	1,032	Unearned Service Revenue	4,800
Equipment	30,000	Salaries and Wages Payable	2,040
	$44,520	Common Stock	24,000
		Retained Earnings	8,400
			$44,520

During November, the following summary transactions were completed.

Nov.	8	Paid $4,260 for salaries due employees, of which $2,220 is for November and $2,040 is for October.
	10	Received $2,280 cash from customers in payment of account.
	11	Purchased merchandise on account from Dimas Discount Supply for $9,600, terms 2/10, n/30.
	12	Sold merchandise on account for $6,600, terms 2/10, n/30. The cost of the merchandise sold was $4,800.
	15	Received credit from Dimas Discount Supply for merchandise returned $360.
	19	Received collections in full, less discounts, from customers billed on sales of $6,600 on November 12.
	20	Paid Dimas Discount Supply in full, less discount.
	22	Received $2,760 cash for services performed in November.
	25	Purchased equipment on account $6,000.
	27	Purchased supplies on account $2,040.
	28	Paid creditors $3,600 of accounts payable due.
	29	Paid November rent $450.
	29	Paid salaries $1,560.
	29	Performed services on account and billed customers $840 for those services.
	29	Received $810 from customers for services to be performed in the future.

Journalize the November transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
Nov. 8


Nov. 10

Nov. 11

pick date: 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

	(To record credit sale)


	(To record cost of merchandise sold)
Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

Nov. 19


Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29


Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

Nov. 8Nov. 10Nov. 11Nov. 12Nov. 15Nov. 19Nov. 20Nov. 22Nov. 25Nov. 27Nov. 28Nov. 29

	(To record November rent paid)


	(To record salaries paid)


	(To record services performed)


	(To record receipt for services performed)