Post November transaction entries and adjusting journal entries for the month, enter the ending balances at November 30.

Prepare an adjusted trial balance at November 30.

Prepare an income statement for the month. Prepare a statement of changes in equity for the month. Prepare a statement of financial position as at November 30, 2018. (List Current Assets in order of liquidity.)

Adjustment data for the month: 1. 2. 3. Supplies on hand are $1,000. Accrued salaries payable are $1,000. The equipment has an estimated useful life of five years and Alou uses straight-line depreciation. Unearned revenue of $800 was earned during the month. Income tax payable is estimated to be $1,100. 4. 5. Prepare the adjusting journal entries for the month. (Credit account titles are automatically indented when the amount is select "No Entry" for the account titles and enter o for the amounts.) No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 Supplies Expense 3600 Supplies 3600 2. 30 Salaries Expense 1000 Salaries Payable 1000 3. 30 Depreciation Expense 300 Accumulated Depreciation - Equipment 300 4. 30 Unearned Revenue 800 Service Revenue 800 5. 30 Income Tax Expense 1100 Income Tax Payable 1100 Prepare a trial balance at November 30. ALOU EQUIPMENT REPAIR CORP. Trial Balance November 30, 2018 Before Adjustment Debit Credit Accounts Receivable 7220 $ $ Accounts Payable 600 Cash 35090 Common Shares 15000 Dividends Declared 500 Retained Earnings 33200 Rent Expense 600 Salaries Expense 3600 Service Revenue 15110 Unearned Revenue 2100 Supplies 4600 Supplies 4600 Accumulated Depreciation - Buildings 3600 Equipment 18000 Totals 69610 69610 $ Post November transaction entries and adjusting journal entries for the month, enter the ending balances at November 30. Cash Nov. 1 Bal. Nov. 13 15,410 4,990 Nov. 9 12,320 Nov. 21 11,400 Nov. 23 1,160 Nov. 23 2,330 4,490 Nov. 13 Nov. 19 600 Nov. 30 2,270 Nov. 28 500 Nov. 30 Bal. Nov. 1 Bal. Nov. 27 35,090 Accounts Receivable 15,830 3,710 Nov. 13 7,220 Supplies 4,000 12,320 Nov. 30 Bal. Nov. 1 Bal. Nov. 20 600 Equipment Nov. 1 Bal. Nov. 30 Bal. Equipment 18,000 18,000 Accumulated Depreciation Equipment Nov. 1 Bal. 3,600 Accounts Payable Nov. 1 Bal. 4,490 Nov. 21 4,490 Nov. 20 600 Nov. 30 Bal. 600 Salaries Payable Nov. 1 Bal. 1,000 Nov. 9 1,000 Income Tax Payable Unearned Revenue Nov. 1 Bal. 940 Nov. 30 1,160 Common Shares Nov. 1 Bal. Nov. 13 10,010 4,990 15,000 Nov. 30 Bal. Retained Earnings Nov. 1 Bal. 33,200 33,200 Nov. 30 Bal. Dividends Declared Nov. 28 500 Nov. 30 Bal. 500 Service Revenue Nov. 19 11,400 3,710 Nov. 27 Rent Expense Nov. 23 600 Nov. 30 Bal. 600 Income Tax Expense Supplies Expense Depreciation Expense Nov. 9 Salaries Expense 1,330 2,270 Nov. 23 Problem 4-9A On October 31, 2018, Alou Equipment Repair Corp.'s opening trial balance was as follows. The company adjusts its accounts monthly. Debit Credit $ 15,410 15,830 4,000 18,000 Cash Accounts receivable Supplies Equipment Accumulated depreciation equipment Accounts payable Salaries payable Unearned revenue Common shares Retained earnings $3,600 4,490 1,000 940 10,010 33,200 $53,240 $53,240 During November, the following transactions were completed: Nov. 9 Paid $2,330 to employees for salaries due, of which $1,000 is for October salaries payable and $1,330 for November. 13 Issued common shares for $4,990. 13 Received $12,320 cash from customers in payment of accounts. 19 eived $11,4 cash for vices performed ovember 20 Purchased supplies on account, $600. 21 Paid creditors $4,490 of accounts payable due. 23 Paid November rent. $600. 23 23 27 Paid November rent, $600. Paid salaries, $2,270. Performed services on account, $3,710. Declared and paid a cash dividend, $500. Received $1,160 from customers for services to be performed in the future. 28 30