Problem 3-5A (Part Level Submission) On November 1, 2019, the account balances of Schilling Equipment Repair were as follows. No. Debits No. Credits 101 Cash 154 Accumulated Depreciation-Equipment Accounts Payable 112 Accounts Receivable 201 $ 2,400 4,250 1,800 12,000 $ 2,000 2,600 1,200 126 209 Unearned Service Revenue Supplies Equipment 153 212 Salaries and Wages Payable 700 311 Common Stock 320 Retained Earnings 10,000 3,950 $20,450 $20,450 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,700 for salaries due employees, of which $700 is for October salaries. Received $3,420 cash from customers on account. Received $3,100 cash for services performed in November. Purchased equipment on account $2,000. Purchased supplies on account $700. Paid creditors on account $2,700. Paid November rent $400. Paid salaries $1,700. Performed services on account and billed customers $1,900 for these services. Received $600 from customers for future service. 20 22 25 27 29 Cash No. 101 Date Ref Debit Credit Balance Explanation Nov. 1 Balance 2,400 Nov. 1 J1 J1 J1 J1 J1 31 J1 Accounts Receivable No. 112 Date Ref Debit Credit Balance Explanation Nov. 1 Balance 4,250 J1 J1 Supplies No. 126 Date Ref Debit Credit Balance Explanation Nov. 1 Balance 1,800 J1 Equipment No. 153 Date Ref Debit Credit Balance Explanation Nov. 1 Balance 12,000 J1 No. 154 Accumulated Depreciation-Equipment Date Explanation Ref Nov. 1 Balance Debit Credit Balance 2,000 No. 201 Accounts Payable Date Explanation Nov. 1 Balance Ref Debit Credit Balance 2,600 J1 J1 J1 Unearned Service Revenue No. 209 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 1,200 J1 No. 212 Salaries and Wages Payable Date Explanation Ref Debit Credit Balance Nov. 1 Balance 700 J1 Common Stock No. 311 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 10,000 Retained Earnings No. 320 Date Explanation Ref Debit Credit Balance Nov. 1 Balance 3,950 No. 407 Service Revenue Date Explanation Ref Debit Credit Balance J1 J1 No. 726 Salaries and Wages Expense Date Explanation Ref Debit Credit Balance J1 J1 Rent Expense No. 729 Date Explanation Ref Debit Credit Balance J1