CUMULATIVE PROBLEM - Ballister Systems This comprehensive problem starts in this chapter and continues in Chapters 3. 4. and 5. On October 1, 2020, Ballister Dorth organized a computer service company called Ballister Systems. Ballister is organized as a sole proprietorship and will provide consulting services, computer system installations, and custom program development. Dorth has adopted the calendar year for reporting, and expects to prepare the company's first set of financial statements as of December 31, 2020. The initial chart of accounts for the accounting system includes these items Account Number Account Name Account Number 301 Account Name 101 Cash 106 302 126 403 128 623 Ballister Dorth, Capital Ballister Dorth, Withdrawals Computer Services Revenue Wages Expense Advertising Expense Mileage Expense Repairs Expense, Computer Charitable Donations Expense Accounts Recelvable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Computer Equipment Accounts Payable 131 655 163 676 167 684 201 699 Required 6. Prepare joumal entries to record each of the following November transactions 7. Post the November entries. 8. Prepare a trial balance at November 30, 2020. 9. Prepare an income statement and a statement of changes in equity for the two months ended November 30, 2020, as well as a balance sheet at November 30, 2020. Nov. 1 Reimbursed Ballister Dorth's business automobile expense for 740 Kilometres at $2.05 per kilometre. 2 Received $4,970 cash from Langara Lodge for computer services completed today. 5 Purchased $1,684 of computer supplies for cash from Staples Supplies 8 Billed Blackfeather Adventures $3,990 for computer services rendered. 13 Notified by Everest Entertainment that Ballister's bid of $7,450 for an upcoming project was accepted. 18 Received $4,000 from Maritime Inc. against the bill dated October 28. 22 Donated $1,500 to World Vision in the company's name. 24 Completed work for Everest Entertainment and sent a bill for the agreed amount 25 Sent another bill to Maritime Inc. for the past due amount of $6,340. 28 Reimbursed Ballister Dorth's business automobile expense for 1,220 Kilometres at $2.05 per kilometre. 30 Paid Trish Durosh for 22 days' work 30 Ballister Dorth withdrew $2,500 cash from the business for personal use