On November 1, 2025, the following were the account balances of Sunland Equipment Repair.CashAccounts ReceivableSuppliesEquipmentNov. 8(a)(b)(c)1012151720During November, the following summary transactions were completed.22252729Debit$3,4203,1001,75011/1 Bal.10,630$18,900Accumulated Depreciation-EquipmentAccounts PayableUnearned Service RevenueSalaries and Wages PayableCommon StockRetained EarningsPaid November rent $540.Paid salaries $1,030.Performed services on account worth $990 and billed customers.Received $780 from customers for services to be performed in the future.CreditCash$5003,4202,930400810Paid $1,220 for salaries due employees, of which $410 is for November and $810 is for October salaries payable.Received $1,910 cash from customers in payment of account.Received $3,790 cash for services performed in November.Purchased store equipment on account $3,970.Purchased supplies on account $1,350.Paid creditors $2,560 of accounts payable due.10,6303,630$18,900Post above journal entries to the ledger accounts. (Post entries in the order of journal entries passed in the previous question. If thebalance is zero (0), select date from drop down and enter O for the amounts on the normal balance side of the account)

A T account serves as a representation of an account, within the context of double entry…

On November 1, 2025, the following were the account balances of Sunland Equipment Repair. Cash Accounts Receivable Supplies Equipment Nov. 8 10 12 15 During November, the following summary transactions were completed. 17 20 22 25 27 Debit 29 $3,420 Accumulated Depreciation-Equipment 3,100 Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 1,750 10,630 $18,900 Credit $500 2,930 Paid creditors $2,560 of accounts payable due. Paid November rent $540. Paid salaries $1,030. Performed services on account worth $990 and billed customers. Received $780 from customers for services to be performed in the future. 400 810 10,630 3,630 $18,900 Paid $1,220 for salaries due employees, of which $410 is for November and $810 is for October salaries payable. Received $1,910 cash from customers in payment of account. Received $3,790 cash for services performed in November. Purchased store equipment on account $3.970. Purchased supplies on account $1,350.

On November 1, 2025, the following were the account balances of Sunland Equipment Repair. Cash Accounts Receivable Supplies Equipment Nov. 8 10 12 15 During November, the following summary transactions were completed. 17 20 22 25 27 Debit 29 $3,420 Accumulated Depreciation-Equipment 3,100 Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 1,750 10,630 $18,900 Credit $500 2,930 Paid creditors $2,560 of accounts payable due. Paid November rent $540. Paid salaries $1,030. Performed services on account worth $990 and billed customers. Received $780 from customers for services to be performed in the future. 400 810 10,630 3,630 $18,900 Paid $1,220 for salaries due employees, of which $410 is for November and $810 is for October salaries payable. Received $1,910 cash from customers in payment of account. Received $3,790 cash for services performed in November. Purchased store equipment on account $3.970. Purchased supplies on account $1,350.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets

Section19.6: Buying Intangible Assets And Calculating Amortization Expense

Problem 1OYO

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