Question

On November 1, 2017, the following were the account balances of Soho Equipment Repair Debit Credit Cash Accounts Receivable Supplies Equipment s 3,250 Accumulated Depreciation-Equipment $500 2,760 400 840 10,460 3,460 $18,420 3,130 Accounts Payable 1,530 Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings 10,460 $18,420 During November, the following summary transactions were completed. Nov. 8 10 12 15 17 20 22 25 27 29 Paid $1,220 for salaries due employees, of which $380 is for November and $840 is for Octob Received $1,840 cash from customers in payment of account. Received $3,780 cash for services performed in November Purchased store equipment on account $3,860. Purchased supplies on account $1,380. Paid creditors $2,600 of accounts payable due. Paid November rent $480. Paid salaries $1,200. Performed services on account worth $930 and billed customers. Received $780 from customers for services to be performed in the future. ▼ (d) Prepare a trial balance at November 30. SOHO EQUIPMENT REPAIR Trial Balance For the Month Ended November 30, 2017 search PrtSc F4 F5 F6 F2 F3 8.

Answer 1

SOHO EQUIPMENT REPAIR
Trial Balance
for the month ended November 30,2017
Account Titles	Debit	Credit
Cash	$4,150
Accounts Receivable	$2,220
Supplies	$2,960
Equipment	$10,460
Accumulated Depreciation - Equipment		$500
Accounts Payable		$5,400
Unearned Service Revenue		$1,180
Salaries and Wages Payable		$0
Common stock		$10,460
Retained Earnings		$3,460
Salaries and Wages Expenses	$1,580
Service Revenue		$4,710
Store Equipment	$3,860
Rent Expense	$480
Total	$25,710	$25,710