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Problem 4-07A On November 1, 2022, the following were the account balances of Sunland Equipment Repair. Cash Accounts Receivable Supplies Equipment Debit $ 3,420 3,100
Problem 4-07A On November 1, 2022, the following were the account balances of Sunland Equipment Repair. Cash Accounts Receivable Supplies Equipment Debit $ 3,420 3,100 1,750 10,630 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Credit $ 500 2,930 400 810 10.630 3,630 $18,900 $18,900 During November, the following summary transactions were completed Nov. 8 Paid $1,220 for salaries due employees, of which $410 is for November and $810 is for October salaries payable. 10 Received $1,910 cash from customers in payment of account. 12 Received $3,790 cash for services performed in November 15 Purchased store equipment on account $3,970. 17 Purchased supplies on account 51,350. 20 Paid creditors $2.560 of accounts payable due. 22 Paid November rent 5540. 25 Paid salaries $1,030. 27 Performed services on account worth $990 and billed customers. 29 Received $780 from customers for services to be performed in the future. Enter the November 1 balances in the ledger accounts. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings
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