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

Debit Credit

Accumulated Deprecation -- Equipment 800

Cash 7,200 Accounts Payable 2720

Accounts receivable 1792 Unearned Service revenue 3200

Supplies 688 Salaries and wages Payable 1360

Equipment 20,000 Common Stock 16,000

Retained Earnings 5600

Total 29680

Total 29680

During November, the following summary transactions were completed.

Nov.8 Paid $2,840for salaries due employees, of which $1,480is for November and $1,360is for October.

10 Received $1,520cash from customers in payment of account.

11 Purchased merchandise on account from Dimas Discount Supply for $6,400, terms 2/10, n/30.

12 Sold merchandise on account for $4,400, terms 2/10, n/30. The cost of the merchandise sold was $3,200.

15 Received credit from Dimas Discount Supply for merchandise returned $240.

19 Received collections in full, less discounts, from customers billed on sales of $4,400on November 12.

20 Paid Dimas Discount Supply in full, less discount.22Received $1,840cash for services performed in November.

25 Purchased equipment on account $4,000.

27 Purchased supplies on account $1,360.

28 Paid creditors $2,400of accounts payable due.

29 Paid November rent $300.

29 Paid salaries $1,040.

29 Performed services on account and billed customers $560for those services.

29 Received $540from customers for services to be performed in the future.

Post to the ledger accounts.(Post entries in the order of journal entries presented in the previous part.)