On November 1, 2022, Tamarisk had the following account balances. The company uses the perpetual inventory method.

During November, the following summary transactions were completed.

Nov.	8		Paid $4,970 for salaries due employees, of which $2,590 is for November and $2,380 is for October.
	10		Received $2,660 cash from customers in payment of account.
	11		Purchased merchandise on account from Dimas Discount Supply for $11,200, terms 2/10, n/30.
	12		Sold merchandise on account for $7,700, terms 2/10, n/30. The cost of the merchandise sold was $5,600.
	15		Received credit from Dimas Discount Supply for merchandise returned $420.
	19		Received collections in full, less discounts, from customers billed on sales of $7,700 on November 12.
	20		Paid Dimas Discount Supply in full, less discount.
	22		Received $3,220 cash for services performed in November.
	25		Purchased equipment on account $7,000.
	27		Purchased supplies on account $2,380.
	28		Paid creditors $4,200 of accounts payable due.
	29		Paid November rent $525.
	29		Paid salaries $1,820.
	29		Performed services on account and billed customers $980 for those services.
	29		Received $945 from customers for services to be performed in the future.

1) Journalize the November transactions.

Adjustment data:

1.		Supplies on hand are valued at $2,240.
2.		Accrued salaries payable are $700.
3.		Depreciation for the month is $350.
4.		$910 of services related to the unearned service revenue has not been performed by month-end.

2) Journalize the adjusting entries.

3) Prepare an adjusted trial balance at November 30

Debit Credit Cash $12,600 Accumulated Depreciation-Equipment $1,400 Accounts Receivable 3,136 Accounts Payable 4,760 Supplies 1,204 Unearned Service Revenue 5,600 Equipment 35,000 Salaries and Wages Payable 2,380 $51,940 Common Stock 28,000 Retained Earnings 9,800 $51,940 Prepare a multiple-step income statement for November. TAMARISK Income Statement Debit Credit Cash $12,600 Accumulated Depreciation-Equipment $1,400 Accounts Receivable 3,136 Accounts Payable 4,760 Supplies 1,204 Unearned Service Revenue 5,600 Equipment 35,000 Salaries and Wages Payable 2,380 $51,940 Common Stock 28,000 Retained Earnings 9,800 $51,940 Prepare a multiple-step income statement for November. TAMARISK Income Statement