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On November 1, 2020, the following were the account balances of Swifty Equipment Repair Inc. Debit Credit $ 2,970 $400 2,410 2,200 Cash Accounts Receivable
On November 1, 2020, the following were the account balances of Swifty Equipment Repair Inc. Debit Credit $ 2,970 $400 2,410 2,200 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Salaries and Wages Payable 1.220 500 8,000 720 Common Shares 8,000 Retained Earnings 2,780 $14,600 $14,600 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,420 for salaries due employees, of which $700 is for November and $720 is for October salaries payable. Received $1,700 cash from customers in payment of account. Received $3,400 cash for services performed in November. Purchased store equipment on account $3,800. Purchased supplies on account $1,400. Paid creditors $2,300 of accounts payable due. Paid November rent $440. Paid salaries $800. Performed services on account worth $1,000 and billed customers. Received $850 from customers for services to be performed in the future. 20 22 25 27 29 Enter the November 1 balances in the ledger accounts. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Salaries and Wages Payable Common Shares Retained Earnings Journalize the November transactions. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Crec >
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