Question 1 On November 1,2019, the account balances of Skysong. Inc. were as follows. No....
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Question 1 On November 1,2019, the account balances of Skysong. Inc. were as follows. No. 101 Cash 112 Accounts Receivable 126 Supplies 153 Equipment Debits No. Credits $2,400 154 Accumulated Depreciation-Equipment 1,920 2,640 1,180 734 9,456 3,950 $19,880 4,210 201 Accounts Payable 1,750 11,520 209 Unearned Service Revenue 212 Salaries and Wages Payable 311 Common Stock 320 Retained Earnings $19,880 During November,the following summary transactions were completed. Nov.8 Paid $1,720 for salaries due employees, of which$ 734 is for October salaries. 10 Received $3,460 cash from customers on account. 12 Received S 3,140 cash for services performed in November. 15 Purchased equipment on account $1,970. 17 Purchased supplies on account $ 720. 20 Paid creditors on account $ 2,740. 22 Paid November rent $440 25 Paid salaries $1,720. 27 Performed services on account and billed customers $1,950 for these services. 29 Received $ 570 from customers for future service
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