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a) Enter the November 1 balances in the ledger accounts. (Use Taccounts.)

(b) Journalize the November transactions.

(c) Post to the ledger accounts. Use Service Revenue, Depreciation Expense, Supplies Expense, Salaries and Wages Expense, and Rent Expense.

(d) Prepare a trial balance at November 30.

(e) Journalize and post adjusting entries.

(f) Prepare an adjusted trial balance.

(g) Prepare an income statement and a retained earnings statement for November and a classified balance sheet at November 30.

(f) Cash

Tot. adj. trial balance

(g) Net income

Problem 4-7A (Part Level Submission) On November 1, 2017, the following were the account balances of Soho Equipment Repair Credit Debit $ 3,090 3,010 1,420 10,300 $ 500 2,600 400 720 10,300 3,300 $17,820 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings $17,820 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 $500 is for November and $720 is for October salaries payable Received $1,810 cash from customers in payment of account Received $3,710 cash for services performed in November. Purchased store equipment on account $3,510 Purchased supplies on account $1,310 Paid creditors $2,510 of accounts payable due Paid November rent $450 Paid salaries $1,010. Performed services on account worth $900 and billed customers Received $750 from customers for services to be performed in the future

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