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Problem 4-7A (Part Level Submission) On November 1, 2017, the following were the account balances of...

Problem 4-7A (Part Level Submission) On November 1, 2017, the following were the account balances of Soho Equipment Repair. Debit Credit Cash $ 3,120 Accumulated Depreciation—Equipment $ 500 Accounts Receivable 3,010 Accounts Payable 2,630 Supplies 1,450 Unearned Service Revenue 400 Equipment 10,330 Salaries and Wages Payable 720 Common Stock 10,330 Retained Earnings 3,330 $17,910 $17,910 During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $500 is for November and $720 is for October salaries payable. 10 Received $1,860 cash from customers in payment of account. 12 Received $3,750 cash for services performed in November. 15 Purchased store equipment on account $3,660. 17 Purchased supplies on account $1,410. 20 Paid creditors $2,510 of accounts payable due. 22 Paid November rent $500. 25 Paid salaries $1,010. 27 Performed services on account worth $950 and billed customers. 29 Received $800 from customers for services to be performed in the future. (d) Prepare a trial balance at November 30.

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ekkarill92 answered 1 year ago
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