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On November 1,2025, Kingbird Inc. had the following account balances. The company uses the perpetual inventory method. During November, the following summary transactions were completed.

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On November 1,2025, Kingbird Inc. had the following account balances. The company uses the perpetual inventory method. During November, the following summary transactions were completed. Nov. 8 Paid $9,940 for salaries due employees, of which $5,180 is for November and $4,760 is for October. 10 Received $5,320 cash from customers in payment of account. 11 Purchased merchandise on account from Dimas Discount Supply for $22,400, terms 2/10,n/30. 12 Sold merchandise on account for $15,400, terms 2/10,n/30. The cost of the merchandise sold was $11,200. 15 Received credit from Dimas Discount Supply for merchandise returned $850. 19 Received collections in full, less discounts, from customers billed on sales of $15,400 on November 12. 20 Paid Dimas Discount Supply in full, less discount. 22 Received $6,440 cash for services performed in November. 25 Purchased equipment on account $14,000. 27 Purchased supplies on account $4,760. 28 Paid creditors $8,400 of accounts payable due. 29 Paid November rent $1,050. 29 Paid salaries $3,640. 29 Performed services on account and billed customers $1,960 for those services. 29 Received $1,890 from customers for services to be performed in the future. Enter the November 1 balances in ledger T-accounts. Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings

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