Buckeye Incorporated had the following balances at the beginning of November BUCKEYE INCORPORATED Trial Balance November 1 Credits Accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Debits $ 1,900 470 570 8,109 $1,350 2,700 Common Stock Retained Earnings Totals 5,700 1 290 $ 11040 5 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-tert 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 $2,700. November 15 Pay creditors on account, 51,100. November 20 Pay employees 31,700 for the first half of the month. November 22. Provide services to customers for 39,700 cash November 24 Pay $80 on the note from Spartan Corporation. November 26 Collect 55,700 on account from customers November 28 pay $1,1ee to the local utility company for November gas and electricity. November 30 Pay $3,7 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 View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 11 > Issue common stock in exchange for $11,700 cash, Note: Enter debits before credits 263. Posteoch 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) Cash Accounts Receivable Beg, Bal Beg Bal. End Bal End Bal. Supplies Equipment Beg. Bal Beg. Bar End. Bal End Sal Accounts Payable Notes Payable Beg Bal Beg. 31 End Dal End Bal Comino Stock Retained Earnings Beg Bal Beg Bat End Bal End, Bal Service Revenue Salaries Expense Beg. Dal Beg Bar End Sa End Da unities Expense Heat Expense Beg M Cor