On November 1, 2015, the account balances of Schilling Equipment Repair were as
ID: 2423329 • Letter: O
Question
On November 1, 2015, the account balances of Schilling Equipment Repair were as follows.
No.
Debits
No.
Credits
During November, the following summary transactions were completed.
Cash
No. 101
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
2,389
J1
J1
J1
J1
J1
J1
J1
Accounts Receivable
No. 112
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
4,237
J1
J1
Supplies
No. 126
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
1,824
J1
Equipment
No. 153
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
12,480
J1
Accumulated Depreciation—Equipment
No. 154
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
2,080
Accounts Payable
No. 201
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
2,614
J1
J1
J1
Unearned Service Revenue
No. 209
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
1,176
J1
Salaries and Wages Payable
No. 212
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
670
J1
Common Stock
No. 311
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
10,440
Retained Earnings
No. 320
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
3950
Service Revenue
No. 407
Date
Explanation
Ref
Debit
Credit
Balance
J1
J1
Salaries and Wages Expense
No. 726
Date
Explanation
Ref
Debit
Credit
Balance
J1
J1
Rent Expense
No. 729
Date
Explanation
Ref
Debit
Credit
Balance
J1
SHOW LIST OF ACCOUNTS
LINK TO TEXT
SCHILLING EQUIPMENT REPAIR
Trial Balance
November 30, 2015
Debit
Credit
No.
Debits
No.
Credits
101 Cash $ 2,389 154 Accumulated Depreciation—Equipment $ 2,080 112 Accounts Receivable 4,237 201 Accounts Payable 2,614 126 Supplies 1,824 209 Unearned Service Revenue 1,176 153 Equipment 12,480 212 Salaries and Wages Payable 670 311 Common Stock 10,440 320 Retained Earnings 3,950 $20,930 $20,930Explanation / Answer
Cash
Account receivable
supplies
Equipment
Accumulated depreciaiton - Equipment
Accounts paayble
unearned service revenue
salaries & wages paayble
common stock
Retained earnings
Service Revenue
Salries & wages expense
Rent expense
Trial balance
Date Expalanation Debit Credit balance Nov 1 Balance 2,389 nov 8 1,690 699 nov 10 3,416 4,115 nov 12 3,133 7,248 nov 20 2,688 4,560 nov 22 406 4,154 nov25 1,690 2,464 nov 27 606 3,070Related Questions
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