the instructions are from A to G

ACR52 on November 1, 2022, Ikonk, Inc. had the following account balances. The company uses the perpetual inventory method. Debit Credit Cash $ 9,000 Accumulated Depreciation- Accounts Receivable 2,240 Equipment $ 1.000 Supplies 860 Accounts Payable 3,400 Equipment 25.000 Uneared Service Revenue $37.100 Salaries and Wages Payable 1,700 Common Stock 20.000 Retained Earnings 7.000 $37.100 During November, the following summary transactions were completed. Nov. 8 Paid $3.550 for salaries due employees, of which $1,850 is for November and $1,700 is for October 10 Received $1,900 cash from customers in payment of account 11. Purchased merchandise on account from Dimas Discount Supply for $8,000, terms 2/10 n/30. 12 Sold merchandise on account for $5.500, terms 2/10 n/30. The cost of the mer chandise sold was $4,000. 15 Received credit from Dimas Discount Supply for merchandise returned $300 19 Received collections in full, less discounts, from customers billed on sales of $5,500 on November 12. 20 Paid Dimas Discount Supply in full, less discount. Received $2,300 cash for services performed in November 25 Purchased equipment on account $5,000. 27 Purchased supplies on account $1,700. 28 Paid creditors $3,000 of accounts payable due 29 Paid November rent $375. 29 Paid salaries $1,300. 29 Performed services on account and billed customers $700 for those services. 29 Received $675 from customers for services to be performed in the future. Adjustment data: 1. Supplies on hand are valued at $1,600. 2. Accrued salaries payable are $500. 3. Depreciation for the month is $250. 4. $650 of services related to the unearned service revenue has not been performed by month-end. Instructions Enter the November 1 balances in ledger T-accounts. . Journalize the November transactions. Bere M oto c. Post to the ledger accounts. You will need to add some accounts. T- Account 5-51 7 Adjustment d. Journalize and post adjusting entries. e. Prepare an adjusted trial balance at November 30. 1. Prepare a multiple-step income statement and a retained earnings statement for November and a classified balance sheet at November 30. & Journalize and post closing entries. e. Tot. adj. trial bal. 1 Tot. assets $49,025 $38,430