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rosoft Word-285 Lab 4 Fall x eTextbooks | Rent or Buy Online x VitalSource Bookshelf: Financial x + m/books/9781119594543/ch/6/26/4/14/2/26/108/200:59.3 P4.10A (LO 2. 3. 4)
rosoft Word-285 Lab 4 Fall x eTextbooks | Rent or Buy Online x VitalSource Bookshelf: Financial x + m/books/9781119594543/ch/6/26/4/14/2/26/108/200:59.3 P4.10A (LO 2. 3. 4) On October 31, 2021, Alou Equipment Repair Corp.'s opening trial balance was as follows. The company adjusts its accounts monthly. Debit Credit Cash $15,580 Accounts receivable Supplies 15.820 4,000 Equipment 18,000 Accumulated depreciation-equipment $3,600 Accounts payable 4,600 Salaries payable 1,000 1,000 Deferred revenue Common shares Retained earnings During November, the following transactions were completed: 10,000 33.200 $53.400 $53.400 Nov. 9 Paid $2,200 to employees for salaries due, of which $1,000 is for October salaries payable and $1,200 for November. 13 Issued common shares for $5,000. 13 Received $12.400 cash from customers in payment of accounts. 19 Received $11.400 cash for services performed in November. 20 Purchased supplies on account, $600. 21 Paid creditors $4,600 of accounts payable due. 23 Paid November rent, $600. 23 Paid salaries, $2,400. 27 Performed services on account, $3,800. 28 Declared and paid a cash dividend, $500. 30 Received $1,100 from customers for services to be performed in the future.
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