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lint Equipment Repair began operating in September 2022. It prepares financial statements at the end of each month. On ovembe
During November, the following summary transactions were completed. Nov. 8 10 12 15 17 20 Paid $1,432 for salaries due employ
Use the tabular summary below to complete the following. (If a transaction results in a decrease in Assets, Liabilities or St
Assets Cash Accts. Rec. - Supplies + Equip 11/1 Bal. 3.296 3,430 1.314 Nov. 8 10 12 15 17 20 22 25 27 29
17 20 22 25 27 29 Unadj. Bal Adj. (A1) (A2) (A3) (A4) Adj. Bal.
Liabilities Acc. Depr. Equip Accts. Pay. Unearn. Serv. Rev. + Equip 2,714 472 11,800 -590
+ Stockholders Equity + Sal./Wages Pay. Com. Stock Retained Earnings 724 11,800 3,540 Rev. Exp.
Retained Earnings 3,540 Rev. Exp. Div.
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Answer #1

Solution: Diy Exp. 708 salaries and wages exp Service revenue Assets Liabilities Stockholder equity Cash + A/R Supplies - Equ

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