On November 1, 2022, the following were the account balances of Sandhill Equipment Repair. During...
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On November 1, 2022, the following were the account balances of Sandhill Equipment Repair. During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $390 is for November and $830 is for October salaries payable. 10 Received $1,880 cash from customers in payment of account. 12 Received $3,710 cash for services performed in November. 15 Purchased store equipment on account $3,610. 17 Purchased supplies on account $1,380. 20 Paid creditors $2,580 of accounts payable due. 22 Paid November rent $460. 25 Paid salaries $1,050. 27 Performed services on account worth $950 and billed customers. 29 Received $830 from customers for services to be performed in the future. On November 1, 2022, the following were the account balances of Sandhill Equipment Repair. During November, the following summary transactions were completed. Nov. 8 Paid $1,220 for salaries due employees, of which $390 is for November and $830 is for October salaries payable. 10 Received $1,880 cash from customers in payment of account. 12 Received $3,710 cash for services performed in November. 15 Purchased store equipment on account $3,610. 17 Purchased supplies on account $1,380. 20 Paid creditors $2,580 of accounts payable due. 22 Paid November rent $460. 25 Paid salaries $1,050. 27 Performed services on account worth $950 and billed customers. 29 Received $830 from customers for services to be performed in the future
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