Homework Answers
Answer:
| Cash | Accounts Receivable | |||||||
| Beg. Bal. | $1,200 | Beg. Bal. | $400 | |||||
| Nov.1 | $11,000 | $1,200 | Nov.15 | Nov.10 | $7,000 | $5,000 | Nov.26 | |
| Nov.22 | $9,000 | $1,000 | Nov.20 | |||||
| Nov.26 | $5,000 | $600 | Nov.24 | |||||
| $1,200 | Nov.28 | End. Bal. | $2,400 | |||||
| $3,000 | Nov.30 | |||||||
| End. Bal. | $19,200 | |||||||
| Supplies | Equipment | |||||||
| Beg. Bal. | $500 | Beg. Bal. | $7,400 | |||||
| Nov.4 | $1,100 | Nov.2 | $1,500 | |||||
| End. Bal. | $1,600 | End. Bal. | $8,900 | |||||
| Accounts payable | Notes payable | |||||||
| Beg. Bal. | $1,000 | Beg. Bal. | $2,000 | |||||
| Nov.15 | $1,200 | $1,100 | Nov.4 | Nov.24 | $600 | $1,500 | Nov.2 | |
| End. Bal. | $900 | End. Bal. | $2,900 | |||||
| Common stock | Retained Earnings | |||||||
| Beg. Bal. | $5,000 | Beg. Bal. | $1,500 | |||||
| $11,000 | Nov.1 | |||||||
| End. Bal. | $16,000 | End. Bal. | $1,500 | |||||
| Service Revenue | Salaries Expense | |||||||
| Beg. Bal. | $0 | Beg. Bal. | $0 | |||||
| $7,000 | Nov.10 | Nov.20 | $1,000 | |||||
| $9,000 | Nov.22 | |||||||
| End. Bal. | $16,000 | End. Bal. | $1,000 | |||||
| Utilities Expense | Rent Expense | |||||||
| Beg. Bal. | $0 | Beg. Bal. | $0 | |||||
| Nov.28 | $1,200 | Nov.30 | $3,000 | |||||
| End. Bal. | $1,200 | End. Bal. | $3,000 | |||||
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