Four transactions for Automotive Maintenance and Repair Shop that took place in November 2019 appear below. DATE TRANSACTION

Nov. 1 Ryan OMalley invested $60,000 in cash plus tools with a fair market value of $5,000 to start the business. 2 Purchased equipment for $3,500 and supplies for $700 from Office Depot, Invoice 501; issued Check 100 for $700 as a down payment with the balance due in 30 days. 10 Performed services for Patricia Reed for $3,200, who paid $1,000 in cash with the balance due in 30 days. 20 Purchased machinery for $4,000 from Craft Machinery, Inc., Invoice 709; issued Check 101 for $1,500 in cash as a down payment with the balance due in 30 days.

Record the transactions in the general journal and post them to the appropriate ledger accounts.

Analyze: What liabilities does the business owe as of November 30?

veiera Journal Leuge Accounts Analyze Record the above transactions in the general ledger accounts Cash Account No. 101 Credit Account No. 111 Credit Accounts Receivable Date Debit Balance Date Debit Balance Tools Office Supplies Date Account No. 121 Account No. 131 Debit Credit Balance Date Debit Credit Balance Machinery Account No. 141 Equipment Account No. 151 Date Debit Credit Balance Date Debit Credit Balance Accounts Payable Date Account No. 202 Ryan O'Malley, Capital Date Account No. 301 Debit Credit Balance Debit Credit Balance Fees Income Account No. 401 Date Debit Credit Balance General Journal Ledger Accountsze What liabilities does the business owe as of November 30? Total liabilities Ledger Accounts Analyze