On November 1, 2022, the following were the account balances of Blossom Equipment Repair Cash Accounts Receivable Supplies Equipment Debit $3,090 3,010 1,420 10,300 ficcumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $ 500 2,600 400 720 10,300 3,300 $17,820 $17,820 During November, the following summary transactions were completed Nov. 8 Pald $1,220 for salaries due employees, of which $500 is for November and $720 is for October salaries payable 10 Received $1,810 cash from customers in payment of account 12 Received $3,710 cash for services performed in November 15 Purchased store equipment on account $3,510 Purchased supplies on account $1.310. 20 Pald creditors $2.510 of accounts payable due 22 Paid November rent $450 25 Paid salaries $1010 27 Performed services on account worth $900 and billed customers Received $750 from customers for services to be performed in the future 17 29 Enter the November 1 balances in the ledger accounts. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings e Textbook and Media List of Accounts Question 2 of 2 -/2 E Journalize the November transactions. If no entry is required, select "No Entry for the account cities and enter for the amounts, Credit account tities are automatically Indented when the amount is entered. Do not Indent manually) Date Account Titles and Explanation Debit Credit Nov. 8 Salaries and Wages Payable Salaries and Wages Expense Cash Supplies Accounts Payable Accounts Payable CO > Salaries and Wapes Expense Cash Accounts Receivable Service Revenue > ca Unwared Service Rene Decato Acomod bedstion Etuomet .com Question 2 of 2 Accounts Receivable 3.010 11/1 Bal Supplies 11/18 1420 V Equipment 10.300 11/13 500 Accumulated Depreciation - Equipment 11/1 Bal Accounts Payable 11/13 2.600 Unearned Service Revenue 11/10 400 Question 2 of 2 > -12 Unearned Service Ravenue 11/1 Bal. 400 Salaries and Wages Payable 11/1 Bal. 720 Common Stock 11/1 Bal 10,300 Retained Earnings 11/1 Bal 3,300 > Service Revenue > Salaries and Wages Expense >> V Rent Expense e Textbook and Media List of Accounts Question 2 of 2 -12 Prepare a trial balance at November 30. BLOSSOM EQUIPMENT REPAIR Trial Balance Debit Credit e Textbook and Media List of Accounts Journalize the following adjusting entries. Of no entry is required, select "No Entry for the account ticles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually Supplies on hand are valued at $1,110, 2 Accrued salaries payable are $480. 3 Depreciation for the month is $250. Services were performed to satisfy $500 of unearned service revenue. ANP No. Account Titles and Explanation Debit Credit 1 3 e Textbook and Media List of Accounts Post the above adjusting entries. (Post entries in the order of journal entries passed in the previous question) 11/1 Bal 11/10 11/12 11/29 11/30 Bal. 1.220 2,510 450 1,010 Cash 3,090 11/8 1,810 11/20 3,710 11/22 750 11/25 4,170 Accounts Receivable 3,010 11/10 900 2,100 Supplies 1.420 1,810 11/1 Bal. 11/27 11/30 Bal 11/1 Bal > > 11/27 1,310 11/1 Bal. 11/15 11/30 Bal Equipment 30,300 3.510 13,810 Accumulated Depreciation Equipment 11/18, 500 11/20 Accounts Payable 2510 11/1 Bal 11/15 11/17 11/30 Bal Unearned Service Revenue 11/1 Bal 2.600 3510 1 310 4.910 400 11/29 750 Salaries and Wages Payable 720 11/1 Bar 220 Question 2 of 2 -/2 E Salaries and Wagas Payable 720 11/1 Bal 11/8 720 10,300 10,300 Common Stock 11/1 Bal 11/30 Bal Retained Earnings 11/1 Bal 11/30 Bal Service Revenue 3,300 3,300 11/12 3,710 11/27 900 Depreciation Expense Supplies Expense Salaries and Wages Expense 500 11/8 11/25 1.010 V 11/22 11/30 BAL Rent Expense 450 450 Prepare an adjusted trial balance. BLOSSOM EQUIPMENT REPAIR Trial Balances Debit Credit eTextbook and Media List of Accounts Prepare an income statement for November 30. BLOSSOM EQUIPMENT REPAIR Income Statement > e Textbook and Media List of Accounts Prepare a retained earnings statement for November 30, BLOSSOM EQUIPMENT REPAIR Retained Earnings Statement e Textbook and Media List of Accounts Question 2 of 2 -/2 E BLOSSOM EQUIPMENT REPAIR Balance Sheet Assets v Liabilities and Stockholders' Equity $ > Textbook and Media List of Accounts
