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

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On November 1,2025, Splish Brothers Inc had the following account balances. The company uses the perpetual inventory method. During November, the following summary transactions were completed. Nov. 8 Paid $8,520 for salaries due employees, of which $4,440 is for November and $4,080 is for October. 10 Received $4.560 cash from customers in payment of account. 11 Purchased merchandise on account from Dimas Discount Supply for $19,200, terms 2/10,n/30. 12 Sold merchandise on account for $13,200, terms 2/10,n/30. The cost of the merchandlse sold was $9,600 15 Received credit from Dimas Discount Supply for merchandise returned $700 19 Received collections in fult, less discounts, from customers bilfed on sates of $13,200 on November 12 20 Paid Dimas Discount Supply in full, less discount. 22 Received $5,520 eash for services performed in November. 25 Purchased equipment on account $12,000 27 Purchased suppllos on account $4,080. 28 Pald creditors $7.200 of accounts payable due. 29. Psid November rent 5900 . 29 Paid salaries $3,120. 29 Peiformed servicesonsecount and billed customers $1.680 for those services. 29 Received $1.620 from customers for icrvices to be performed in the future. Journalize the November transactions. (Credit account titles are outomatically indented when the omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journol entries in the order presented in the problem. List all debit entries before credit entries.) Now, 12 Cost of Goods Sold Inventory (To record cost of merchandise sold) Nov. 15 Accounts Payable Purchases Nov, 19 Cash Accounts Receivable Sales Discounts Nov. 20 Mccounts Payable Carr. Purchane Discoonts Nov. 22 cast Service Revenuide Service Revenue Now. 25 Equipenent Accounts Propole Novi 27% Supplies Accounts Payable Now 28 Accounts Pavale Cash Now 29 Rent Expense conh (To record November rent paid) Nov 29 cin (To record salaries paid) Non28= Nov. 29 Accounts Receivable Service Revenue (To record services performed) Now. 29 Unearned Service Revenue Cash (To record receipt for services to be performed)

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