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T-SA On November 1. 2017, the account Problems: Set A 143 Dr. s 8.700 11,500 650 1,200 18,000 follow thaugh Debit No Credit financial ssutements

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T-SA On November 1. 2017, the account Problems: Set A 143 Dr. s 8.700 11,500 650 1,200 18,000 follow thaugh Debit No Credit financial ssutements s 2,000 L0 2,3, 4) 101 Cash 12 Accounts Receivable 4,250 201 Accounts Payable 126 Supplies 153 Equipment 1,800 209 Unearned Service Revenue 12,000 212 Salaries and Wages Payable 2,600 1,200G GLS 311 Common Stock 10,000 320 Retained Earnings $20,450 Nox. 8 Paid $1.700 for salaries due employees, of which $700 is for October salaries. 10 Received $3,420 cash from customers on account. 12 Received $3,100 cash for services performed in November 15 Purchased equipment on account $2,000. 17 Purchased supplies on account $700 20 Paid creditors on account $2,700 22 Paid November rent $400 25 Paid salaries $1,700. 1,600 8,725 2,900 260 27 Performed services on account and billed customers $1,900 for these 850 510 100 35 services Received $600 from customers for future service. 29 Adjustment data consist of I. Supplies on hand $1,400. 2. Accrued salaries payable $350. 3. Depreciation for the month is $200. 4. Services related to unearned service revenue of $1,250 were performed. Instructions (a) Enter the November 1 balances in the ledger accounts. months end (b) Journalize the November transactions/ (c) Post to the ledger accounts. Use J1 for the posting reference. Use the following additional accounts: No. 407 Service Revenue, No. 615 Depreciation Expense, No. 631 Supplies Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense roduces the (d) Trial balance $25,350 () Adj, trial balance $25,900 (g) Net income $1,500 cies on its chased on 58 on the a term of (d) Prepare a trial balance at November 30. (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 Ending retained eanings S5,450 Total assets $18,950 balance sheet at November 30

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