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On November 1, 2020, the account balances of Windsor, Inc. were as follows. No. Debits No. Credits 101 Cash $ 2,440 154 Accumulated Depreciation-Equipment $
On November 1, 2020, the account balances of Windsor, Inc. were as follows. No. Debits No. Credits 101 Cash $ 2,440 154 Accumulated Depreciation-Equipment $ 1,930 112 Accounts Receivable 4,240 201 Accounts Payable 2,620 126 Supplies 1,800 209 Unearned Service Revenue 1,210 153 Equipment 11,580 212 Salaries and Wages Payable 734 311 Common Stock 9,616 320 Retained Earnings 3,950 $20,060 $20,060 During November, the following summary transactions were completed. Nov. 8 Paid $1,730 for salaries due employees, of which $734 is for October salaries. 10 Received $3,370 cash from customers on account. 12 Received $3,050 cash for services performed in November. 15 Purchased equipment on account $1,970. 17 Purchased supplies on account $720. 20 Paid creditors on account $2,700. 22 Paid November rent $450. 25 Paid salaries $1,730. 27 Performed services on account and billed customers $1,900 for these services. 29 Received $600 from customers for future service. Post to the ledger accounts (Post entries in the order of journal entries posted in the previous part of the question) Cash Date Explanation Ref Debit Nov. 1 Balance v 31 31 > > > 31 31 31 31 31 Credit No. Balance 2 Accounts Receivable No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 31 31 Supplies No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 31 Equipment No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 11. 31 Accumulated Depreciation- No. Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 2. Accounts Payable No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 2. 31 31 31 Unearned Service Revenue No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 31 Salaries and Wages Payable No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v 31 Common Stock No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance v F Retained Earnings No. Date Explanation Ref Debil Credit Balance Nov. 1 Balance v 2 Common Stock No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance Retained Earnings No. Date Explanation Ref Debit Credit Balance Nov. 1 Balance Service Revenue No. Date Explanation Ref Debit Credit Balance Salaries and Wages Expense No. Date Explanation Ref Debit Credit Balance 31 31 Rent Expense Date Explanation Ref Debit Credit Balance 31
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