On November 1 , 2017, Sage Hill Inc had the following account balances . The company uses the perpetual inventory method . Debit Credit Cash $9.540 Accumulated Depreciation - Equipment* $ 1.060 Accounts Receivable* 2,374 Accounts Payable* 3.604 Supplies 912 Unearned Service REVENUE 4. 240 Equipment 26.50.0 Salaries and Wages Payable 1. 8.02 $39, 326 Common Stock 21, 200 Retained Earnings 7.420 $39, 320 During November, the following summary transactions were completed NOV. 8 Paid $3. 763 for salaries due employees , of which $ 1. 96 1 is for November and $ 1. 802 is for October . 10 Received $ 2.014 cash from customers in payment of account 1 1 Purchased merchandise on account from Dimas Discount Supply for $8. 4 8.0. terms 2/10. 14/30. 12 Sold merchandise on account for $5, $30, terms 2 / 10, 17/30. The cost of the merchandise sold was $4. 240 15 Received credit from Dimas Discount Supply for merchandise returned $318. 19 Received collections in full , less discounts , from customers billed on sales of $5, 8:30 on November 12 20 Paid Dimas Discount Supply in full , less discount . 22 Received $2. 438 cash for services performed in November . 25 Purchased Equipment on account $5.30.0 27 Purchased supplies on account $1. 8:02 28 Paid creditors $3. 180 of accounts payable due. 29 Paid November rent $398. 29 Paid salaries $ 1. 37 8. 29 Performed services on account and billed customers $74 2 for those services 29 Received $ 7 16 from customers for services to be performed in the future*Cash Accounts Receivable* Supplies Equipment Accumulated Depreciation - Equipment* Accounts Payable* Unearned Service Revenue*