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Can you please prepare an adjusted trial balance. Thanks! Problem 3-05A a-g (Part Level Submission) On...

Problem 3-05A a-g (Part Level Submission) On November 1, 2020, the account balances of Ivanhoe Equipment Repair were as follo

Debit Credit Ref ✓ 31 J1 1,720 3,370 3,080 J1 2,680 360 J1 J1 21 21 1,720 600 Cash Date Explanation Nov. 1 Balance Nov. 8 Nov

Debit Credit Equipment Date Explanation Ref Nov. 1 Balance ✓ Nov. 15 31 Accumulated Depreciation Equipment Date Explanation R

Debit Credit Ref ✓ J1 No. 212 Balance 734 734 0 01 367 367 Debit Credit Ref ✓ Salaries and Wages Payable Date Explanation Nov

Credit Salaries and Wages Expense Date Explanation Nov. 8 Nov. 25 Ref 31 31 Debit 986 1,720 No. 726 Balance 986 2,706 Nov. 30

Can you please prepare an adjusted trial balance. Thanks!

Problem 3-05A a-g (Part Level Submission) On November 1, 2020, the account balances of Ivanhoe Equipment Repair were as follows. No. Debits No. Credits 101 Cash $ 2,430 154 Accumulated Depreciation Equipment 112 Accounts Receivable 4,230 201 Accounts Payable 126 Supplies 1,820 209 Unearned Service Revenue 153 Equipment 13,080 212 Salaries and Wages Payable 301 Owner's Capital $21,560 $ 2,180 2,650 1,180 734 14,816 $21,560 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 $3,370 cash from customers on account. 12 Received $3,080 cash for services performed in November. 15 Purchased equipment on account $2,030. 17 Purchased supplies on account $660. 20 Paid creditors on account $2,680. 22 Paid November rent $360. 25 Paid salaries $1,720. 27 Performed services on account and billed customers for these services 51,870. 29 Received $600 from customers for future service.
Debit Credit Ref ✓ 31 J1 1,720 3,370 3,080 J1 2,680 360 J1 J1 21 21 1,720 600 Cash Date Explanation Nov. 1 Balance Nov. 8 Nov. 10 Nov. 12 Nov. 20 Nov. 22 Nov. 25 Nov. 29 Accounts Receivable Date Explanation Nov. 1 Balance Nov. 10 Nov. 27 Supplies Date Explanation Nov. 1 Balance Nov. 17 Nov. 30 Adjusting No. 101 Balance 2,430 710 4,080 7,160 4,480 4,120 2,400 3,000 No. 112 Balance 4,230 860 2,730 No. 126 Balance 1,820 2,480 Ref Debit Credit 3,370 J1 J1 1,870 Ref Debit Credit 31 660 01 1110 1,370
Debit Credit Equipment Date Explanation Ref Nov. 1 Balance ✓ Nov. 15 31 Accumulated Depreciation Equipment Date Explanation Ref Nov. 1 Balance ✓ 2,030 No. 153 Balance 13,080 15,110 No. 154 Balance 2,180 Debit Credit Ix Nov. 30 V Adjusting 11 218 1,962 Debit Credit Ref ป J1 2,030 660 J1 Accounts Payable Date Explanation Nov. 1 Balance Nov. 15 Nov. 17 Nov. 20 Unearned Service Revenue Date Explanation Nov. 1 Balance Nov. 29 No. 201 Balance 2,650 4,680 5,340 2,660 No. 209 Balance 1,180 1,780 11 2.680 Debit Credit Ref ✓ 31 600 Nov. 30 V Adjusting 11 1230 550
Debit Credit Ref ✓ J1 No. 212 Balance 734 734 0 01 367 367 Debit Credit Ref ✓ Salaries and Wages Payable Date Explanation Nov. 1 Balance Nov. 8 Nov. 30 Adjusting Owner's Capital Date Explanation Nov. 1 Balance Service Revenue Date Explanation Nov. 12 Nov. 27 Nov. 30 Adjusting Depreciation Expense Date Explanation Nov. 30 Adjusting Supplies Expense Date Explanation No. 301 Balance 14,816 No. 407 Balance 3,080 4,950 Ref Debit 31 31 Credit 3,080 1,870 11 12301 6,180 No. 615 Balance Ref Debit Credit J1 218 218 No. 631 Balance Ref Debit Credit Nov. 30 Adjusting 11 1110 1110
Credit Salaries and Wages Expense Date Explanation Nov. 8 Nov. 25 Ref 31 31 Debit 986 1,720 No. 726 Balance 986 2,706 Nov. 30 V Adjusting J1 367 3,073 Rent Expense Date Nov. 22 Explanation Ref Credit Debit 360 No. 729 Balance 360 J1
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Answer #1
Ivanhoe Equipment Repair
ADJUSTED TRIAL BALANCE
November 30, 2020
Debit Credit
Cash         3,000
Accounts Receivable         2,730
Supplies         1,370
Equipment       15,110
Accumulated Depreciation -Equipment          2,398
Accounts Payable          2,660
Unearned Rent Revenue            550
Salaries & Wages Payable            367
Owner's Capital        14,816
Service Revenue          6,180
Depreciation Expense           218
Supplies Expense         1,110
Salaries & Wages Expense         3,073
Rent Expense           360
     26,971      26,971
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