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4. Prepare a trial balance as of November 30. 4. Prepare a trial balance as of November 30. The following transactions occur in November. November
4. Prepare a trial balance as of November 30.
4. Prepare a trial balance as of November 30.
The following transactions occur in November. November 1 Issue common stock in exchange for $12,100 cash. November 2 Purchase equipment with a long-term note for $2,600 from spartan Corporation. November 4 Purchase supplies for $1,000 on account. November 10 Provide services to customers on account for $8,100. November 15 Pay creditors on account, $1,100. November 20 Pay employees $2,100 for the first half of the month. November 22 Provide services to customers for $10,100 cash. November 24 Pay $1,040 on the note from spartan corporation. November 26 Collect $6,100 on account from customers. November 28 Pay $1,100 to the local utility company for November gas and electricity. November 30 Pay $4,100 rent for November. Required: 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry R account field.) 2. \& 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at Novemb to include the balance at the beginning of November in each T-account.) 4. Prepare a trial balance as of November 30 . Complete this question by entering your answers in the tabs below. Prepare a trial balance as of November 30 . 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No J account field.) 2. \& 3. Post each transaction to the appropriate T-accounts and calculate the balance of each accc to include the balance at the beginning of November in each T-account.) 4. Prepare a trial balance as of November 30 . Complete this question by entering your answers in the tabs below. Prepare a trial balance as of November 30Step by Step Solution
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