SPLISH BRO RS Balance Sheet November 30, 2022 Assets Current Assets Cash $ Accounts Receivable Supplies Equipment Total Assets $ Comprehensive Accounting Cycle Review 5-02 (Part Level Submission) On November 1, 2022, Splish Brothers had the following account balances. The company uses the perpetual inventory method. Cash Accounts Receivable Debit $21,600 5,376 2,064 60,000 $89,040 Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Supplies Equipment Credit $2,400 8,160 9,600 4,080 48,000 16,800 $89,040 Common Stock Retained Earnings During November, the following summary transactions were completed. Nov. 8 10 11 12 15 19 20 22 Paid $8,520 for salaries due employees, of which $4,440 is for November and $4,080 is for October. Received $4,560 cash from customers in payment of account. Purchased merchandise on account from Dimas Discount Supply for $19,200, terms 2/10, n/30. Sold mercha on account for $13,200, terms 2/10, n/3 cost of mer dise was $9,600. Received credit from Dimas Discount Supply for merchandise returned $720. Received collections in full, less discounts, from customers billed on sales of $13,200 on November 12. Paid Dimas Discount Supply in full, less discount. Received $5,520 cash for services performed in November. Purchased equipment on account $12,000. Purchased supplies on account $4,080. Paid creditors $7,200 of accounts payable due. Paid November rent $900. Paid salaries $3,120. Performed services on account and billed customers $1,680 for those services. Received $1,620 from customers for services to be performed in the future. 25 27 28 29 29 29 29 For the Year Ended November 30, 2022 November 30, 2022 For the Month Ended November 30, 2022 Current Assets Cash $ Accounts Receivable Supplies Equipment SPLISH BROTHERS Balance Sheet November 30, 2022 Assets Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity Total Assets Balance ineet November 30, 2022 Assets Current Assets Cash Accounts Receivable Supplies Equipment Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property. Plant and Equipment Total Stockholders' Equity nd Stockholders' Equity Assets Current Assets Cash Accounts Receivable Supplies Equipment Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Innn-term liabilities 5 and Stockholders Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity nd Stockholders' Equity $ SPLISH BROT Balance Sheet November 30, 2022 Assets Current Assets Cash $ Accounts Receivable Supplies Equipment Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity s and Stockholders' Equity