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Problem 3-5A (Part Level Submission) On November 1, 2019, the account balances of Whispering Winds Corp. were as follows. No. Debits No. Credits 101 Cash
Problem 3-5A (Part Level Submission) On November 1, 2019, the account balances of Whispering Winds Corp. were as follows. No. Debits No. Credits 101 Cash 154 Accumulated Depreciation Equipment Accounts Payable 112 Accounts Receivable 201 $ 2,380 4,260 1,800 12,960 $ 2,160 2,620 1,250 126 209 Unearned Service Revenue Supplies Equipment 153 212 Salaries and Wages Payable 722 311 Common Stock 320 Retained Earnings 10,698 3,950 $21,400 $21,400 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,650 for salaries due employees, of which $722 is for October salaries. Received $3,450 cash from customers on account. Received $3,110 cash for services performed in November. Purchased equipment on account $1,990. Purchased supplies on account $650. Paid creditors on account $2,710. Paid November rent $440. Paid salaries $1,650. Performed services on account and billed customers $1,950 for these services. Received $630 from customers for future service. 20 22 25 27 29 Enter the November 1 balances in the ledger accounts. Cash No. 101 Date Explanation Ref Debit Credit Balance Nov. 1 Balance Accounts Receivable No. 112 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 No. 154 Accumulated Depreciation Equipment 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
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