(PLEASE ANSWER ALL PARTS OF THE QUESTION. I NEED ALL ANSWERED THANKS!)
Your answer is partially correct. Adjustment data consist of: 1 Supplies on hand $ 1.204. 2. Accrued salaries payable $301. 3. Depreciation for the month is $ 172. 4. Services related to unearned service revenue of $1,075 were performed. Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit N. 30 Supplies Expense 946 Supplies 946 N. 30 Salaries and Wages Expense 301 Salarles and Wages Payable 301 N. 30 Depreciation Expense 172 Accumulated Depreciation-Equipment 172 N. 30 Unearned Service Revenue 1,075 Service Revenue 1.075 Prepare an adjusted trial balance. Concord Corporation Trial Balance ovember 30, 2022 Debit Credit Cash 2.596 S Accounts Receivable 1.634 Supplies 1.204 Equipment 12,040 Accumulated Depreciation Equipment 1,892 Accounts Payable 2,236 Unearned Service Revenue 1,075 Salaries and Wages Payable 301 Ilongga! JOOP Common Stock 8,600 Retained Eamnings 3,397 Service Revenue 5,375 Salaries and Wages Expense 2.623 Rent Expense 344 Supplles Expense 946 Depreciation Expense 172 Totals s 21.559 s 22.876 On November 1, 2022, the account balances of Concord Corporation were as follows. No. Debits No. Credits 101 Cash $ 2.064 154 Accumulated Depreciation-Equipment $ 1,720 112 Accounts Receivable 3.655 201 Accounts Payable 2,236 126 Supplies 1,548 209 Unearned Service Revenue 1,032 153 Equipment 10.320 212 Salaries and Wages Payable 602 311 Common Stock 8,600 320 Retained Earnings 3.397 $ 17,587 $ 17,587 During November, the following summary transactions were completed. Nov. 8 Paid $ 1,462 for salaries due employees, of which $ 602 is for October salaries. 10 Received $ 2,940 cash from customers on account. 12 Received $ 2,666 cash for services performed in November. 15 Purchased equipment on account $ 1,720. 17 Purchased supplies on account $ 602. 20 Paid creditors on account $2.322. 22 Paid November rent $ 344. 25 Paid salaries $ 1,462. 27 Performed services on account and billed customers $ 1,634 for these services. 29 Received $ 516 from customers for future service. Enter the November 1 balances in the ledger accounts. Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 112 Accounts Receivable Date Explanation Ref Debit Credit Balance Nov. 1 Balance Supplies No. 126 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Equipment No. 153 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Accumulated Depreciation Equipment No. 154 Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance Nov. 1 Balance Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 212 Salaries and Wages Payable Date Explanation Ref Debit Credit Balance Nov. 1 Balance Common Stock No. 311 Date Explanation Ref Debit Credit Balance Nov. 1 Balance No. 320 Retained Earnings Date Explanation Ref Debit Credit Balance Nov. 1 Balance Post to the ledger accounts. (Post entries in the order of journal entries posted in the previous part of the question.) Cash No. 101 Date Ref Debit Credit Balance Explanation Balance Nov. 1 V 2,064 J1
