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On November 1, 2022, the following were the account balances of Pharoah Equipment Repair. Cash $ 3,540 Accumulated DepreciationEquipment $ 500 Accounts Receivable 3,120 Accounts

On November 1, 2022, the following were the account balances of Pharoah Equipment Repair.

Cash

$ 3,540

Accumulated DepreciationEquipment

$ 500

Accounts Receivable

3,120

Accounts Payable

3,050

Supplies

1,870

Unearned Service Revenue

400

Equipment

10,750

Salaries and Wages Payable

830

Common Stock

10,750

Retained Earnings

3,750

$19,280

$19,280

During November, the following summary transactions were completed

Nov. 8 Paid $1,220 for salaries due employees, of which $390 is for November and $830 is for October salaries payable.
10 Received $1,860 cash from customers in payment of account.
12 Received $3,810 cash for services performed in November.
15 Purchased store equipment on account $3,900.
17 Purchased supplies on account $1,360.
20 Paid creditors $2,600 of accounts payable due.
22 Paid November rent $450.
25 Paid salaries $1,080.
27 Performed services on account worth $970 and billed customers.
29 Received $750 from customers for services to be performed in the future.image text in transcribed
Date Account Titles and Explanation Debit Credit Nov. 8

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