How to do this ledger accounts
Current Attempt in Progress On October 31, 2024, the account balances of King Equipment Repair were as follows. During November, the following summary transactions were completed. Nov. 8 Paid $1,780 for salaries due employees, of which $780 is for October salaries. 10 Received $3,700 cash from customers on account.
During November, the following summary transactions were completed. Nov. 8 Paid $1,780 for salaries due employees, of which $780 is for October salaries. 10 Received $3,700 cash from customers on account. 12 Received $3,180 cash for services performed in November. 15 Purchased equipment on account, $2,080. 17 Purchased supplies on account, $780. 20 Paid creditors on account, $2,780. 22 Paid November rent of $480. 22 Paid salaries of $1,780. 27 Performed services on account and billed customers for these services, $2,280. 29 Received $680 from customers for future service. Adjustment data consist of:
22 Paid salaries of $1,780. 27 Performed services on account and billed customers for these services, $2,280. 29 Received $680 from customers for future service. Adjustment data consist of: 1. Supplies on hand, $1,480 2. Accrued salaries payable, $430 3. Depreciation for the month is $280 4. Services related to unearned revenue of $1,300 were performed during the month (a) Enter the October 31 balances in the ledger accounts.
er the October 31 balances in the ledger accounts.