On September 1, 1996, the trial balance of Rijo Equipment Repair Corp. is as follows:

During September the following summary transactions were completed.
Sept. 8 Paid \(\$ 1,100\) for salaries due employees, of which \(\$ 600\) is for September and \(\$ 500\) is for August.
10 Received \(\$ 1,200\) cash from customers on account.
12 Received \(\$ 3,400\) cash for services performed in September.
15 Purchased store equipment on account \(\$ 3,000\).
17 Purchased supplies on account \(\$ 1,500\).
20 Paid creditors \(\$ 4,500\) on account.
22 Paid September rent \(\$ 500\).
25 Paid salaries \(\$ 1,050\).
27 Performed services on account and billed customers for services rendered \(\$ 900\).
29 Received \(\$ 650\) from customers for future service.
Adjustment data consist of:
1. Supplies on hand \(\$ 1,800\).
2. Accrued salaries payable \(\$ 400\).
3. Depreciation is \(\$ 200\) per month.
4. Unearned service revenue of \(\$ 350\) is earned.
\section*{Instructions}

(a) Enter the September 1 balances in the ledger accounts.

(b) Journalize the September transactions.

(c) Post to the ledger accounts. Use J1 for posting reference and No. 407 Service Revenue, No. 615 Depreciation Expense, No. 631 Supplies Expense, No. 726 Salaries Expense, and No. 729 Rent Expense.

(d) Prepare a trial balance at September 30 .

(e) Journalize and post adjusting entries.

(f) Prepare an adjusted trial balance.
(g) Prepare an income statement and a retained earnings statement for September and a balance sheet at September 30 .

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No. Trial Balance-Accounts Debit Credit 101 Cash $ 4,880 112 126 153 154 201 209 212 Accounts Receivable Supplies Store Equipment Accumulated Depreciation Accounts Payable Unearned Service Revenue Salaries Payable 3,520 1,000 15,000 $ 1,500 3,400 400 500 311 Common Stock 10,000 320 407 615 631 Retained Earnings Service Revenue Depreciation Expense Supplies Expense 8,600 726 729 Salaries Expense Rent Expense Totals $24,400 $24,400