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

		Debit				Credit
Cash		$7,920		Accumulated DepreciationEquipment		$880
Accounts Receivable		1,971		Accounts Payable		2,992
Supplies		757		Unearned Service Revenue		3,520
Equipment		22,000		Salaries and Wages Payable		1,496
		$32,648		Common Stock		17,600
				Retained Earnings		6,160
						$32,648

During November, the following summary transactions were completed.

Nov.	8		Paid $3,124 for salaries due employees, of which $1,628 is for November and $1,496 is for October.
	10		Received $1,672 cash from customers in payment of account.
	11		Purchased merchandise on account from Dimas Discount Supply for $7,040, terms 2/10, n/30.
	12		Sold merchandise on account for $4,840, terms 2/10, n/30. The cost of the merchandise sold was $3,520.
	15		Received credit from Dimas Discount Supply for merchandise returned $264.
	19		Received collections in full, less discounts, from customers billed on sales of $4,840 on November 12.
	20		Paid Dimas Discount Supply in full, less discount.
	22		Received $2,024 cash for services performed in November.
	25		Purchased equipment on account $4,400.
	27		Purchased supplies on account $1,496.
	28		Paid creditors $2,640 of accounts payable due.
	29		Paid November rent $330.
	29		Paid salaries $1,144.
	29		Performed services on account and billed customers $616 for those services.
	29		Received $594 from customers for services to be performed in the future.

11/1 Bal. 757 1,496 11/27 Equipment 22,000 4,400 26,400 11/1 Bal. 11/25 11/30 Bal. Accumulated Depreciation-Equipment 11/1 Bal. 880 Accounts Payable 264 11/1 Bal. 2,992 7,040 4,400 1,496 6,248 6,776 11/11 2,640 11/25 11/20 11/28 11/27 30 Bal. 11/1 Bal. 757 1,496 11/27 Equipment 22,000 4,400 26,400 11/1 Bal. 11/25 11/30 Bal. Accumulated Depreciation-Equipment 11/1 Bal. 880 Accounts Payable 264 11/1 Bal. 2,992 7,040 4,400 1,496 6,248 6,776 11/11 2,640 11/25 11/20 11/28 11/27 30 Bal