Buckeye incorporated had the following trial balance at Buckeye Incorporated had the following balances at the beginning of November BUCKEYE INCORPORATED Trial Balance November 1 Accounta Debits Credits Cash $ 2,300 Accounts Receivable 510 Supplies 610 Equipment 8,500 Accounts Payable $1,550 Notes Payable 3.100 Common Stock 6.100 Retained Earnings 1. 170 Totale $11,920 $11.920 The following transactions occur in November November 1 Issue common stock in exchange for 512,100 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 $0.100. November 15 Pay creditors on account. $1,100. November 20 Pay employees $2,100 for the first halt of the month November 22 Provide services to customers for $10,100 cas. November 24 Pay $1,040 on the note from spartan Corporation November 26 Collect $6,100 on account from customers Slovember 28 Pay 51,100 to the local utility company for November gas and electricity. November 30 y $4,100 rent for November General Journal Requirement General Ledger Trial Balance Record each of the transactions listed above in the 'General Journal' tab these are shown as items 1 - 11). Review the General Ledger and the 'Trial Balance' tabs to see the effect of the transactions on the account balances November 28 Pay $1,100 to the local utility company for November gas and electricity. November 30 Pay $4,100 rent for November General General Requirement Journal Ledger Trial Balance Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Issue common stock in exchange for $12,100 cash, Note Enter debits before credits Account Title Debit Credit Date November 01 Record entry Clear entry Clear entry View general Journal meducation.com/ext/map/index.html?com condoxternal browser=0&aunchurahttps253A%252F%252Fdcocd blackboard.comX25 Seved View transaction list Journal entry worksheet Purchase equipment with a long-term note for $2,600 from Spartan Corporation Noteinir Gebits before credits Account Title Debit Credit Date November 02 Record entry Clear entry View general Journal ation.com/ext/map/index.html?con=con&external browser=0&launchun=https%253A%252F%252Faacod.b Saved View transaction list Journal entry worksheet Pro No ucation.com/ext/map/index.html?con=con&external browser=0&launchurl=https%253A%252F%252Fdcccd. Seved View transaction list Journal entry worksheet 4 5 6 7 8 9 10 11 Pay $4,100 rent for November. Note: Enter debit before credits Account Title Debit Credit Date November 30 Racordantry Clear any Vlw amal
