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On November 1, 2022, the following were the account balances of Flounder Equipment Repair. Debit Credit Cash $ 3,420 Accumulated DepreciationEquipment $ 530 Accounts Receivable

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

Debit

Credit

Cash

$ 3,420

Accumulated DepreciationEquipment

$ 530

Accounts Receivable

3,100

Accounts Payable

2,930

Supplies

1,750

Unearned Service Revenue

400

Equipment

10,600

Salaries and Wages Payable

810

Common Stock

10,630

Retained Earnings

3,570

$18,870

$18,870

During November, the following summary transactions were completed.

Nov. 8 Paid $1,220 for salaries due employees, of which $410 is for November and $810 is for October salaries payable.
10 Received $1,910 cash from customers in payment of account.
12 Received $3,790 cash for services performed in November.
15 Purchased store equipment on account $3,970.
17 Purchased supplies on account $1,350.
20 Paid creditors $2,560 of accounts payable due.
22 Paid November rent $540.
25 Paid salaries $1,030.
27 Performed services on account worth $990 and billed customers.
29 Received $780 from customers for services to be performed in the future.

(a)

Enter the November 1 balances in the ledger accounts.

Cash

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Accounts Receivable

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Supplies

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Equipment

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Accumulated DepreciationEquipment

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Accounts Payable

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Unearned Service Revenue

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Salaries and Wages Payable

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Common Stock

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a debit balance

choose the beginning date of the accounting period 11/1 Bal.11/811/1011/1211/1511/1711/2011/2211/2511/2711/2911/3011/30 Bal.

enter a credit balance

Retained Earnings

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