Problem 3-05A a-9 On November 1, 2020, the account balances of Wildhorse Equipment Repair were as follows. No. Debits 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment tv. No. Credits $ 2,410154 Accumulated Depreciation-Equipment 4,200 201 Accounts Payable 1,790 209 Unearned Service Revenue 11,160 212 Salaries and Wages Payable 301 Owner's Capital $19,560 $ 1,860 2,560 1,250 650 13,240 $19,560 During November, the following summary transactions were completed. Nov. 8 Paid $1,670 for salaries due employees, of which $650 is for October salaries. 10 Received $3,400 cash from customers on account 12 Received $3,150 cash for services performed in November 15 Purchased equipment on account $1,980. 17 Purchased supplies on account $670 20 Pald creditors on account 52,730 22 Pald November rent $410. 25 Pald salaries 51,670 27 Performed services on account and billed customers for these services $1.950 29 Received $650 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 2,410 2,410 Accounts Receivable Date Explanation No. 112 Ref Debit Credit Balance Nov. 1 Balance 4,200 4,200 Supplies Date Explanation Ref No. 126 Balance Debit Credit Nov. 1 Balance 1,790 Equipment Date Explanation Ref Debit No. 153 Balance Credit 11,160 Nov. 1 Balance Accumulated Depreciation Equipment Date Explanation Ref Debit No. 154 Balance Credit Nov. 1 Balance 1.860 Accounts Payable Date Explanation Ref No. 201 Balance Debit Credit Nov. 1 Balance 2 S60 Zpo No. 209 Unearned Service Revenue Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,250 Salaries and Wages Payable Date Explanation No. 212 Balance Ref Debit Credit Nov. 1 Balance 650 No. 301 Owner's Capital Date Explanation Ref Debit Credit Balance Nov. 1 Balance V 13,240 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Journalize the November transactions. (Credit account titles are automatically indented wher the order presented in the problem.) Debit Credit Date Account Titles and Explanation Nov. 8 650 Salaries and Wages Payable 1020 Salaries and Wages Expense CA Journalize the November transactions. (Credit account titles are automatically indented when the amount is enter the order presented in the problem.) Date Account Titles and Explanation Debit Nov. 8 Salaries and Wages Payable 650 Credit Salaries and Wages Expense 1020 Cash 1,670 Nov. 10 Cash 3,400 Accounts Receivable 3,400 Nov. 12 Cash 3,150 Accounts Receivable 3,150 Nov. 15 Equipment 1.980 Service Revenue 1,980 Tov. 17 Supplies 670 Accounts Payable 670 NOV. 20 Accounts Payable 2,730 Nov. 20 Accounts Payable 2,730 Cash 2,730 Nov. 22 Rent Expense 410 Cash 410 Nov. 25 Salaries and Wages Expense 1,670 Cash 1,670 Nov. 27 Accounts Receivable 1,950 Service Revenue 1,950 Nov. 29 Cash 650 Unearned Service Revenue 650 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Post to the ledger accounts. (Post entries in the order of journal entries posted in part 2.) Post to the ledger accounts. (Post entries in the order of journal entries posted in part 2.) Cash Date Ref Debit Credit Explanation Nov. 1 Balance No. 101 Balance 2,410 Nov. 8 J1 Nov. 10 J1 Nov. 12 J1 Nov. 12 J1 Nov. 20 J1 Nov. 22 J1 Nov. 29 J1 No. 112 Accounts Receivable Date Explanation Nov. 1 Balance Ref Debit Credit Balance 4,200 Nov. 1 31 Nov. 10 J1 Supplies No. 126 nato Evnlanation Raf nahit Credit Ralanca No. 126 Supplies Date Debit Credit Explanation Nov. 1 Balance Ref Balance 1,790 Nov. 1 J1 No. 153 Equipment Date Ref Debit Credit Balance Explanation Nov. 1 Balance 11,160 J1 No. 154 Debit Credit Balance 1,860 Accumulated Depreciation Equipment Date Explanation Ref Nov. 1 Balance Accounts Payable Date Explanation Ref Nov. 1 Balance No. 201 Debit Credit Balance 2,560 V J1 J1 J1 No. 209 Unearned Service Revenue Date Explanation Nov. 1 Balance Ref Debit Credit Balance 1.250 Unearned Service Revenue Date Explanation Nov. 1 Balance No. 209 Balance Debit Credit Ref 1,250 J1 Salaries and Wages Payable Date Explanation Nov. 1 Balance No. 212 Balance Ref Debit Credit 650 J1 Debit Credit Owner's Capital Date Explanation Nov. 1 Balance Service Revenue Date Explanation Ref No. 301 Balance 13,240 No. 407 Balance Ref Debit Credit 31 31 Salaries and Wages Expense Date Explanation No. 726 Balance Ref Debit Credit J1 J1 nent Rent Expense Date Explanation Ref Debit No. 729 Balance Credit J1 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare a trial balance at November 30. WILDHORSE EQUIPMENT REPAIR Trial Balance Debit Credit $ $ ment Prepare a trial balance at November 30. WILDHORSE EQUIPMENT REPAIR Trial Balance Debit Credit $ $ LINK TO TEXT LINK TO TEXT LINK TO TEXT djustment data consist of: 1. Supplies on hand $1,370. 2. Accrued salaries payable $325. 3. Depreciation for the month is $186. 4. Services related to unearned service revenue of $1,250 were performed. Journalize the adjusting entries. (Credit account titles are automatically indented when the amount order presented in the problem.) Date No. Debit Account Titles and Explanation Credit 1. 2. 3. No. Date Account Titles and Explanation Debit 1. Credit 2. 3. 4. Y SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Post the adjusting entries. Cash No. 101 Balance Date Ref Debit Credit Explanation Nov. 1 Balance 2.410 Post the adjusting entries. Cash No. 101 Date Debit Credit Explanation Nov. 1 Balance Ref V 31 Balance 2,410 Nov. 8 1,670 Nov. 10 J1 3,400 3,150 Nov. 12 J1 Nov. 20 31 2,730 Nov. 22 J1 410 740 4,140 7,290 4,560 4,150 2,480 3,130 No. 112 Balance 4,200 J1 1,670 J1 650 Debit Credit Ref Nov. 25 Nov. 29 Accounts Receivable Date Explanation Nov. 1 Balance Nov. 10 Nov. 27 Supplies Date Explanation Nov. 1 Balance Nov. 17 J1 3,400 800 J1 1,950 2,750 Ref Debit Credit No. 126 Balance 1,790 2,460 J1 670 Nov. 27 Adjusting 11 Ecument No. 152 Salaries and Wages Payable Date Explanation Nov. 1 Balance No. 212 Balance Ref Debit Credit 650 Nov. 8 J1 650 0 Adjusting J1 Debit Credit Ref Owner's Capital Date Explanation Nov. 1 Balance Service Revenue Date Explanation Nov. 12 Nov. 27 No. 301 Balance 13,240 No. 407 Balance 3,150 5,100 Ref Debit J1 Credit 3,150 1,950 J1 Adjusting J1 No. 615 Depreciation Expense Date Explanation Ref Debit Credit Balance Adjusting 01 Supplies Expense Date No. 631 Balance Explanation Ref Debit Credit Adjusting J1 No. 726 Salaries and Wages Expense Date Explanation Ref Debit Credit Balance Salaries and Wages Payable Date Explanation Nov. 1 Balance No. 212 Balance Ref Debit Credit 650 Nov. 8 J1 650 0 Adjusting J1 Debit Credit Ref Owner's Capital Date Explanation Nov. 1 Balance Service Revenue Date Explanation Nov. 12 Nov. 27 No. 301 Balance 13,240 No. 407 Balance 3,150 5,100 Ref Debit J1 Credit 3,150 1,950 J1 Adjusting J1 No. 615 Depreciation Expense Date Explanation Ref Debit Credit Balance Adjusting 01 Supplies Expense Date No. 631 Balance Explanation Ref Debit Credit Adjusting J1 No. 726 Salaries and Wages Expense Date Explanation Ref Debit Credit Balance Salaries and Wages Expense Date Explanation Nov. 8 No. 726 Balance Ref Credit J1 Debit 1,020 1,670 1,020 2,690 Nov. 25 J1 Adjusting J1 Rent Expense Date Nov. 22 Explanation Ref Credit Debit 410 No. 729 Balance 410 J1 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare an adjusted trial balance. WILDHORSE EQUIPMENT REPAIR Trial Balance Debit Credit $ $ ent Prepare an adjusted trial balance. WILDHORSE EQUIPMENT REPAIR Trial Balance Debit Credit $ ht IND Totals $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT repare an income statement for November. WILDHORSE EQUIPMENT REPAIR Income Statement $ ent Prepare an owner's equity statement for November. (List items that increase owner's equity first.) WILDHORSE EQUIPMENT REPAIR Owner's Equity Statement SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare a balance sheet at November 30. (List Assets in order of liquidity.) WILDHORSE EQUIPMENT REPAIR Balance Sheet Assets ice Assignment Gradebook ORION Downloadable eTextbook nent WILDHORSE EQUIPMENT REPAIR Balance Sheet Assets Liabilities and Owner's Equity $ t Liabilities and Owner's Equity V Click if you would like to Show Work for this question: Open Show Work