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On November 1, 2022, the account balances of Carla Vista Equipment Repair were as follows. No. Debits No. Credits 101 Cash $2,400 158 Accumulated Depreciation-Equipment
On November 1, 2022, the account balances of Carla Vista Equipment Repair were as follows. No. Debits No. Credits 101 Cash $2,400 158 Accumulated Depreciation-Equipment $1,990 112 Accounts Receivable 4,250 201 Accounts Payable 2,610 126 Supplies 1,850 212 Salaries and Wages Payable 720 157 Equipment 11,940 301 Owner's Capital 15,120 $20,440 $20,440 During November, the following summary transactions were completed. Nov. 2 Paid $720 for salaries due employees. 10 Received $3,470 cash from customers on account. 12 Received $3,120 cash for services performed in November. 15 Purchased equipment on account $2,040. 16 Paid $960 for salaries and wages. 17 Purchased sunnlies on account $670 During November, the following summary transactions were completed. Nov. 2 Paid $720 for salaries due employees. 10 Received $3,470 cash from customers on account. 12 Received $3,120 cash for services performed in November. 15 Purchased equipment on account $2,040. 16 Paid $960 for salaries and wages. 17 Purchased supplies on account $670. 20 Paid creditors on account $2.650. 22 27 30 Paid November rent $440. Performed services on account and billed customers for these services $1.880. Paid salaries $830. Enter the November 1 balances in the ledger accounts. Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Accounts Receivable No. 112 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Supplies No. 126 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Equipment No. 157 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Jestion 5 OF 5 -/5 Date Explanation Ref Debit Credit Balance Nov. 1 Balance !!! Accumulated Depreciation- No. 158 Equipment Date Explanation Ref Debit Credit Balance Nov. 1 Balance Accounts Payable No. 201 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Salaries and Wages Payable Date Explanation No. 212 Ref Debit Credit Balance Nov. 1 Balance Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance
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