On November 1, 2015, the account balances of Schilling Equipment Repair were as follows.
|
No.
|
|
Debits
|
|
No.
|
|
Credits
|
|
101
|
|
Cash
|
|
$ 2,389
|
|
154
|
|
Accumulated Depreciation -Equipment
|
|
$ 2,080
|
|
112
|
|
Accounts Receivable
|
|
4,237
|
|
201
|
|
Accounts Payable
|
|
2,614
|
|
126
|
|
Supplies
|
|
1,824
|
|
209
|
|
Unearned Service Revenue
|
|
1,176
|
|
153
|
|
Equipment
|
|
12,480
|
|
212
|
|
Salaries and Wages Payable
|
|
670
|
|
|
|
|
|
|
|
311
|
|
Common Stock
|
|
10,440
|
|
|
|
|
|
|
|
320
|
|
Retained Earnings
|
|
3,950
|
|
|
|
|
|
$20,930
|
|
|
|
|
|
$20,930
|
During November, the following summary transactions were completed.
|
Nov. 8
|
|
Paid $1,690 for salaries due employees, of which $670 is for October salaries.
|
|
10
|
|
Received $3,416 cash from customers on account.
|
|
12
|
|
Received $3,133 cash for services performed in November.
|
|
15
|
|
Purchased equipment on account $1,972.
|
|
17
|
|
Purchased supplies on account $677.
|
|
20
|
|
Paid creditors on account $2,668.
|
|
22
|
|
Paid November rent $406.
|
|
25
|
|
Paid salaries $1,690.
|
|
27
|
|
Performed services on account and billed customers for services provided $1,857.
|
|
29
|
|
Received $606 from customers for future service.
|
Journalize the November transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)