On September 1, 2017, the account balances of Beck Equipment Repair, Ltd. Were as follows.

During September, the following summary transactions were completed.
Sept. 8 Paid £1,700 for salaries due employees, of which £1,200 is for September salaries.
10 Received £1,200 cash from customers on account.
12 Received £3,400 cash for services performed in September.
15 Purchased store equipment on account £3,000.
17 Purchased supplies on account £1,900.
20 Paid creditors £4,500 on account.
22 Paid September rent £500.
25 Paid salaries £1,360.
27 Performed services on account and billed customers £1,600 for those services.
29 Received £750 from customers for future service.
Adjustment data consist of:
1. Supplies on hand £1,700.
2. Accrued salaries payable £400.
3. Depreciation is £140 per month.
4. Services related to unearned service revenue of £1,450 were performed.
Instructions
(a) Enter the September 1 balances in the ledger accounts.
(b) Journalize the September transactions.
(c) Post to the ledger accounts. Use J1 for the posting reference. Use the following additional accounts: No. 400 Service Revenue, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.
(d) Prepare a trial balance at September 30.
(e) Journalize and post adjusting entries.
(f) Prepare an adjusted trial balance.
(g) Prepare an income statement and a retained earnings statement for September and a statement of financial position at September 30.

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No. 101 Cash 112 Accounts Receivable 3,520 201 Accounts Payable 126 Supplies 157 Equipment Debi No Credit 5,020 158 Accumulated Depreciation-Equipment 2,240 3,400 1,400 500 10,000 11,000 £28,540 209 Unearned Service Revenue 212 Salaries and Wages Payable 311 Share Capital-Ordinary 320 Retained Earnings 2,000 18,000 £28,540