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During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,408...

During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,408 for salaries due employeesCulver Equipment Repair began operating in September 2022. It prepares financial statements at the end of each month. On Noveoperating in September 2022. It prepares financial statements at the end of each month. On mmary includes the following inforPrepare a retained earnings statement for November 30. Culver Equipment Repair Retained Earnings Statement V: $ $

During November, the following summary transactions were completed. Nov. 8 10 12 15 17 Paid $1,408 for salaries due employees, of which $696 is for November and $712 is for October salaries payable. Received $2,088 cash from customers in payment of account. Received $4,292 cash for services performed in November. Purchased store equipment on account $4,176. Purchased supplies on account $1,508. Paid creditors $2,900 of accounts payable due. Paid November rent $564. Paid salaries $1,160. Performed services on account worth $1,044 and billed customers. Received $870 from customers for services to be performed in the future. 20 22 25 27 29 Adjustment data: 1. 2. Supplies on hand are valued at $1,276. Accrued salaries payable are $564. Depreciation for the month is $290. Services were performed to satisfy $580 of unearned service revenue. 3. 4.
Culver Equipment Repair began operating in September 2022. It prepares financial statements at the end of each month. On November 1, 2022, a tabular summary includes the following information. Note that Culver began the month with $3,480 in Retained Earnings. This balance represents the results of its first two months of business. Assets + Stockhok Liabilities Unearn. Serv. Rev. Acc. Depr.- Equip. + Accts. Rec. + Supplies + 3,372 + 1,292 + Sal./Wages + Pay. + Cash 11/1 Bal. 3,240 Accts. Pay. 2,668 + Equip. 11,600 Com. Stock 11,600 + 580 + 464 + 712 + +
operating in September 2022. It prepares financial statements at the end of each month. On mmary includes the following information. Note that Culver began the month with $3,480 in represents the results of its first two months of business. + Stockholders' Equity Acc. Depr.- Equip. 580 Liabilities Unearn. Serv. Rev. Accts. Pay. 2,668 + + Equip. 11,600 Sal./Wages + Pay. 712 Com. Stock 11,600 + Retained Earnings 3,480 + 464 + + +
Prepare a retained earnings statement for November 30. Culver Equipment Repair Retained Earnings Statement V: $ $
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ReportAnswer #1

Liabilities Stockholders Equity Accumulated Depreciation Unearned Service Sal./Wges Common = Accounts Payable + + + + Revenu

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