On November 1, 2017 Marin Inc. had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Supplies Equipment Debit $9.180 2,285 877 25,500 $37.842 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $1.020 3,468 4,080 1.734 20,400 7.140 $37,842 During November, the following summary transactions were completed Nov 8 10 11 12 15 19 20 22 25 Paid $3,621 for salaries due employees, of which $1,887 is for November and $1,734 is for October Received $1.938 cash from customers in payment of account, Purchased merchandise on account from Dimas Discount Supply for $8,160, terms 2/10, 1/30, Sold merchandise on account for $5,610 terms 2/10, 1/30. The cost of the merchandise sold was $4,080. Received credit from Dimas Discount Supply for merchandise returned $306. Received collections in full less discounts, from customers billed on sales of $5,610 on November 12. Paid Dimas Discount Supply in full less discount. Received $2,346 cash for services performed in November Purchased equipment on account $5.100, 25 27 28 29 29 29 Purchased equipment on account $5,100. Purchased supplies on account $1.734. Paid creditors $3,060 of accounts payable due Paid November rent $383. Paid salaries $1,326. Performed services on account and billed customers $714 for those services. Received $689 from customers for services to be performed in the future. 29 Part 1 Enter the November 1 balances in ledger T-accounts. Cash Accounts Receivable Supplies