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Ser up a T - account for accounts payable During Novem ber, the following transactions were completiod: Nov, 9 Paks $ 2 , 5 3
Ser up a Taccount for accounts payable
During Novem ber, the following transactions were completiod:
Nov, Paks $ to em ployees for salarled due, of which $ is for October salaries payable and $ for Novem ber.
Issued commonshares for $
Received $ cash from customers in payment of accounts
Received $ cash for services per for med in Novem ber.
Purchased supplies on account, $
Paid creditors $ of accounts payable due.
Paid Nowember rent, $
Paid salariss, $
Performed services on account, $
Declared and paid a cash dividend, $
Peceived $ from custom ers for services to be per form ed in the fut ure
On October Lily Equipment Repair Corp's Opening trial balance was as follows. The company adjuats its accounts monthy.
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