Blackhawks Incorporated had the following balances at the beginning of November. BLACKHAWKS INCORPORATED Trial Balance Accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Common Stock Retained Earnings Totals November 1 Debits Credits $1,900 470 570 8,100 $1,350 2,700 5,700 1,290 $11,040 $11,040 The following transactions occur in November. November 1 Issue common stock in exchange for $11,700 cash. November 2 Purchase equipment with a long-term note for $2,200 from Spartan Corporation. November 4 Purchase supplies for $1,000 on account. November 10 Provide services to customers on account for $7,700. November 15 Pay creditors on account, $1,100. November 20 Pay employees $1,700 for the first half of the month. November 22 Provide services to customers for $9,700 cash. November 24 Pay $880 on the note from Spartan Corporation. November 26 Collect $5,700 on account from customers. November 28 Pay $1,100 to the local utility company for November gas and electricity. November 30 Pay $3,700 rent for November. Required: 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 2. & 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at November 30. (Hint: Be sure to include the balance at the beginning of November in each T-account.) 4. Prepare a trial balance as of November 30. Issue common stock in exchange for $11,700 cash. Note: Enter debits before credits. Date November 01 General Journal Debit Credit Purchase equipment with a long-term note for $2,200 from Spartan Corporation. Note: Enter debits before credits. Date November 02 General Journal Debit Credit Purchase supplies for $1,000 on account. Note: Enter debits before credits. Date November 04 General Journal Debit Credit Provide services to customers on account for $7,700. Note: Enter debits before credits. Date November 10 General Journal Debit Credit Pay creditors on account, $1,100. Note: Enter debits before credits. Date November 15 General Journal Debit Credit Pay employees $1,700 for the first half of the month. Note: Enter debits before credits. Date November 20 General Journal Debit Credit Provide services to customers for $9,700 cash. Note: Enter debits before credits. Date November 22 General Journal Debit Credit Pay $880 on the note from Spartan Corporation. Note: Enter debits before credits. Date November 24 General Journal Debit Credit Collect $5,700 on account from customers. Note: Enter debits before credits. Date November 26 General Journal Debit Credit Pay $1,100 to the local utility company for November gas and electricity. Note: Enter debits before credits. Date November 28 General Journal Debit Credit Pay $3,700 rent for November. Note: Enter debits before credits. General Journal Debit Credit Date November 30