# Bnment estion 5 of 5 - 12.5 Pronghorn Equipment Repair began operating in September 2017. It...

###### Question:

Bnment estion 5 of 5 - 12.5 Pronghorn Equipment Repair began operating in September 2017. It prepares financial statements at the end of each month. On November 1, 2017, a tabular summary includes the following information. Note that Pronghorn began the month with $3,430 in Retained Earnings. This balance represents the results of its first two months of business Assets Stockhold Acc. Cash + Accts. Rec. + Supplies + 3,110 + 1,550 Liabilities Unearn. Serv. Rev. + 400 + Depr. Equip 500 Accts. Pay. 2,730 Equip 10.430 + Sal/Wages- Pay. 820 + Com Stock 10,430 - 11/1 Bal. 3,220 + + + During November, the following summary transactions were completed, Nov. 8 10 12 15 17 Pald$1.220 for salaries due employees, of which $400 is for November and$820 is for October salaries payable. Received $1,870 cash from customers in payment of account Received$3,720 cash for services performed in November. Purchased store equipment on account $3,880 Purchased supplies on account$1,310.
Question 5 of 5 Nov. 8 10 12 15 17 Paid $1,220 for salaries due employees, of which$400 is for November and 5820 is for October salaries payat Received $1,870 cash from customers in payment of account. Received$3,720 cash for services performed in November Purchased store equipment on account $3,880. Purchased supplies on account$1,310. Paid creditors $2,520 of accounts payable due. Paid November rent$460. Paid salaries $1,010. Performed services on account worth$900 and billed customers. Received $840 from customers for services to be performed in the future. 20 22 25 27 29 Adjustment data: ANP Supplies on hand are valued at$1,170. Accrued salaries payable are $490. Depreciation for the month is$270. Services were performed to satisfy $530 of unearned service revenue. -72.5 III in September 2017. It prepares financial statements at the end of each month. On s the following information. Note that Pronghorn began the month with$3,430 in e results of its first two months of business. + Stockholders' Equity Acc. Depr. Equip 500 Accts. Pay 2.730 Liabilities Unearn. Serv. Rev. + 400 Sal./Wages + Com. Pay. Stock 820 + 10,430 + Retained Earnings 3,430 + + + ransactions were completed. mployees, of which $400 is for November and$820 is for October salaries payable.
estion 5 of 5 - 12.5 E Assets Cash Accts Rec. Supplies Equip 11/1 Bal. 3,220 3,110 1.550 Nov. 8 10 12 15 17 20 22 25
ork Assignment estion 5 of 5 - 12.5 25 27 29 Unadj. Bal. Adj. (A1) (A2) (A3) (A4) Adj. Bal. WPXO 25

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