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Prepare an adjusted trial balance. There should be 15 accounts in total. On November 1, 2025, the following were the account balances of Sandhill Equipment
Prepare an adjusted trial balance. There should be 15 accounts in total.
On November 1, 2025, the following were the account balances of Sandhill Equipment Repair. During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $500 is for November and $720 is for October salaries payable. 10 Received $1,880 cash from customers in payment of account. 12 Received $3,810 cash for services performed in November. 15 Purchased store equipment on account $3,750. 17 Purchased supplies on account $1,370. 20 Paid creditors $2,570 of accounts payable due. 22 Paid November rent $510. 25 Paid salaries $1,080. 27 Performed services on account worth $990 and billed customers. 29 Received $850 from customers for services to be performed in the future. Prepare an adjusted trial balanceStep by Step Solution
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