soho equipment

as and follow cle to preparation P4.7A (LO 2, 3, 4), AP On November 1, 2022, the following were the account balances of Soho Equipment Repair. Credit Debit GLS Cash Accounts Receivable Supplies Equipment S 500 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings $ 2,790 2,300 2,910 1,120 400 620 10,000 10.000 3,000 $16,820 $16,820 During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $600 is for November and $620 is for October salaries payable. Received $1,800 cash from customers in payment of account. Received $3,700 cash for services performed in November. 15 10 12 Purchased store equipment Purchased supplies on account $1,300. Paid creditors $2,500 of accounts payable due. Paid November rent $480. Paid salaries $1,000. Performed services on account worth $900 and billed customers. Received $750 from customers for services to be performed in the future. on account $3,600. 17 20 22 25 27 29 Adjustment data: 1. Supplies 2. Accrued salaries payable on hand are valued at $1,100. are $480. 3. Depreciation for the month is $250. 4. Services were performed to satisfy $500 of unearned service revenue. Instructions Enter the November 1 balances in the ledger accounts. (Use T-accounts.) a. b. Journalize the November transactions. Post to the ledger accounts. Use Service Revenue, Depreciation Expense, Supplies Expense, Sal- aries and Wages Expense, and Rent Expense. C. d. Prepare a trial balance at November 30. $3,840 e. Journalize and post adjusting entries. f. Prepare an adjusted trial balance g. Prepare an income statement and a retained earnings statement for November and a classified bal- $24,680 $970 ance sheet at November 30