OOn November $1,2025,$ Metlock Inc. had the following account balances. The company uses the perpetual inventory method.

During November, the following summary transactions were completed.

Nov. $8$ Paid $$2,840$ for salaries due employees, of which $$1,480$ is for November and $$1,360$ is for October.

$10$ Received $$1,520$ cash from customers in payment of account.

$11$ Purchased merchandise on account from Dimas Discount Supply for $$6,400,$ terms $2/10,$ n$/30.$

$12$ Sold merchandise on account for $$4,400,$ terms $\frac{2}{10},\frac{n}{30}.$ The cost of the merchandise sold was $$3,200.$

$15$ Received credit from Dimas Discount Supply for merchandise returned $$250.$

$19$ Received collections in full, less discounts, from customers billed on sales of $$4,400$ on November $12.$

$20$ Paid Dimas Discount Supply in full, less discount.

$22$ Received $$1,840$ cash for services performed in November.

$25$ Purchased equipment on account $$4,000.$

$27$ Purchased supplies on account $$1,360.$

$28$ Paid creditors $$2,400$ of accounts payable due.

$29$ Paid November rent $$300.$

$29$ Paid salaries $$1,040.$

$29$ Performed services on account and billed customers $$560$ for those services.

$29$ Received $$540$ from customers for services to be performed in the future.n November $1,2017,$ Metlock, Inc. had the following account balances. The company uses the perpetual inventory methodEnter the November $1$ balances in ledger T$-$accounts.

Cash

Accounts Receivable

Accumulated Depreciation$-$Equipment

Accounts Payable

$11/1$ Bal.

Unearned Service Revenue

$11/1$ Bal.

Salaries and Wages Payable

$11/1$ Bal.

Common Stock

$11/1$ Bal.

Retained Earnings

$11/1$ Bal.