*Problem 4-7A (Part Level Submission) On November 1, 2017, the following were the account balances o

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*Problem 4-7A (Part Level Submission)
On November 1, 2017, the following were the account balances of Soho Equipment Repair.
Debit Credit
Cash $ 3,540 Accumulated Depreciation—Equipment $ 500
Accounts Receivable 3,010 Accounts Payable 3,050
Supplies 1,870 Unearned Service Revenue 400
Equipment 10,750 Salaries and Wages Payable 720
Common Stock 10,750
Retained Earnings 3,750
$19,170 $19,170
During November, the following summary transactions were completed.
Nov.
8
Paid $1,220 for salaries due employees, of which $500 is for November and $720 is for
October salaries payable.
10 Received $1,880 cash from customers in payment of account.
12 Received $3,810 cash for services performed in November.
15 Purchased store equipment on account $3,750.
17 Purchased supplies on account $1,370.
20 Paid creditors $2,570 of accounts payable due.
22 Paid November rent $510.
25 Paid salaries $1,080.
27 Performed services on account worth $990 and billed customers.
29 Received $850 from customers for services to be performed in the future.
*(a)

Enter the November 1 balances in the ledger accounts.

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