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On November 1, 2020, the account balances of Blossom Equipment Repair were as follows. Debits No. Credits No. 101 Cash 112 Accounts Receivable 126 Supplies

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On November 1, 2020, the account balances of Blossom Equipment Repair were as follows. Debits No. Credits No. 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment $2,140 2,600 1,220 722 14,518 $21,200 $2,380 154 Accumulated Depreciation-Equipment 4,220 201 Accounts Payable 1,760 209 212 301 Unearned Service Revenue Salaries and Wages Payable owner's Capital 12,840 $21,200 During November, the following summary transactions were completed. Nov. 8 Paid $1,680 for salaries due employees, of which $722 is for October salaries. 10 Received $3,450 cash from customers on account. 12 Received $3,100 cash for services performed in November. 15 Purchased equipment on account $1,990 17 Purchased supplies on account $650. 20 Paid creditors on account $2,720 22 Paid November rent $370. 25 Paid salaries $1,680. 27 Performed services on account and billed customers for these services $1,930. 29 Received $640 from customers for future service. Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,380 J1 No. 112 Accounts Receivable Date Explanation Ref Debit Credit Balance Nov. 1 Balance 4,220 31 No. 126 Supplies Date Explanation Ref Debit Credit Balance 1,760 Nov. 1 Balance JI No. 153 Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance 12,840 J1 Accumulated Depreciation-Equipment No. 154 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,140 Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 2,600 JI Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,220 No. 212 Salaries and Wages Payable Date Explanation Ref Debit Credit Balance Nov. 1 Balance 722 JI No. 301 Owner's Capital Date Explanation Ref Debit Credit Balance 14,518 Nov. 1 Balance Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 14,518 Service Revenue No. 407 Ref 31 JI Date Explanation Debit Credit Balance Salaries and Wages Expense No. 726 Credit Balance Ref Debit JI 31 Date Explanation No. 729 Rent Expense Date Explanation Ref Debit Credit Balance 31

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