On November 1, 2015, the account balances of Schilling Equipment Repair were as
ID: 2423330 • 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.
No.
Date
Account Titles and Explanation
Debit
Credit
SHOW LIST OF ACCOUNTS
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Cash
No. 101
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
2,389
Nov. 8
J1
1,690
699
Nov. 10
J1
3,416
4,115
Nov. 12
J1
3,133
7,248
Nov. 20
J1
2,668
4,580
Nov. 22
J1
406
4,174
Nov. 25
J1
1,690
2,484
Nov. 29
J1
606
3,090
Accounts Receivable
No. 112
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
4,237
Nov. 10
J1
3,416
821
Nov. 27
J1
1,857
2,678
Supplies
No. 126
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
1,824
Nov. 17
J1
677
2,501
Adjusting
J1
Equipment
No. 153
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
12,480
Nov. 15
J1
1,972
14,452
Accumulated Depreciation—Equipment
No. 154
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
2,080
Adjusting
J1
Accounts Payable
No. 201
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
2,614
Nov. 15
J1
1,972
4,586
Nov. 17
J1
677
5,263
Nov. 20
J1
2,668
2,595
Unearned Service Revenue
No. 209
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
1,176
Nov. 29
J1
606
1,782
Adjusting
J1
Salaries and Wages Payable
No. 212
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 1
Balance
?
670
Nov. 8
J1
670
0
Adjusting
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
Nov. 12
J1
3,133
3,133
Nov. 27
J1
1,857
4,990
Adjusting
J1
Depreciation Expense
No. 615
Date
Explanation
Ref
Debit
Credit
Balance
Adjusting
J1
Supplies Expense
No. 631
Date
Explanation
Ref
Debit
Credit
Balance
Adjusting
J1
Salaries and Wages Expense
No. 726
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 8
J1
1,020
1,020
Nov. 25
J1
1,690
2,710
Adjusting
J1
Rent Expense
No. 729
Date
Explanation
Ref
Debit
Credit
Balance
Nov. 22
J1
406
406
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
Answer:
30 Nov Supplies expense A/C Dr. $ 1133
To Supplies A/C $1133
30 Nov Dr Salaries Expense 335
Cr Salaries Payable 335
30 Nov Dr Depreciation Expense 208
Cr Accumulated depn 208
30 Nov Dr Unearned Revenue 1217
Cr Service Revenue 1217
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