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On October 31, 2021, Concord Equipment Repair Corp.s opening triat balance was as follows. The company adjusts its accounts monthly. During November, the following transactions

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On October 31, 2021, Concord Equipment Repair Corp.s opening triat balance was as follows. The company adjusts its accounts monthly. During November, the following transactions were completed: Nov. 9 Paid $2,200 to employees for salaries due, of which $1,000 is for October salaries payable and $1,200 for November, 13 Issued common shares for $5,000. 13 Received $12.260 cash from customers In payment of accounts. 19 Received $11,400 cash for services performed in November. 20 Purchased supplies on account, $600, 21 Pald creditors $4.370 of accounts payable due. 23 Paid November rent. 5600. 23 Paid salaries, $2,400. 27 Performed services on account, $3,800. 28 Declared and paid a cash dividend, $500. 30 Received $1,020 from customers for services to be performed in the future. Prepare journal entries to record the November transactions. (List all debit entries before credit entries, Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (To record rent paid.) 23 Salaries Expense \begin{tabular}{|r|} \hline 2400 \\ \hline \end{tabular} (To record salaries paid.) 27 Accounts Recelvable 3800 Service Revenue 28 Dividends Declared 500 Cash 30 Cash 1020 Deferred Revenue Set up T accounts, enter any opening balances, and post the journal entries prepared in the above part. (Post entries in the order of jenmal entriee nresented in the orevious dart.) Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Deferred Revenue Common Shares Retained Earnings Dividends Declared Service Revenue Rent Expense Rent Expense Salaries Expense

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