Four transactions for Automotive Maintenance and Repair Shop that took place in November 20X1 appear below.

Four transactions for Automotive Maintenance and Repair Shop that took place in November 20X1 appear below. DATE TRANSACTION Nov. 1 Ryan O'Malley invested $56,000 in cash plus tools with a fair market value of $2,100 to start the business. 2 Purchased equipment for $1,940 and supplies for $440 from Office Depot, Invoice 501; issued Check 100 for $590 as a down payment with the balance due in 30 days. 10 Performed services for Patricia Reed for $3,000, who paid $1,050 in cash with the balance due in 30 days. 20 Purchased machinery for $4,100 from Craft Machinery, Inc., Invoice 709; issued Check 101 for $1,550 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? No Date General Journal Debit Credit 1 Nov 01, 20X1 Cash 56,000 2,100 Equipment Ryan O'Malley, Capital 58,100 2 Nov 02, 20X1 1,940 Equipment Office supplies Cash 440 590 1,790 3 Nov 10, 20X1 Cash 4 Nov 20, 20X1 Cash General Journal Ledger Accounts Analyze Record the above transactions in the general ledger accounts. Cash Account No. 101 Credit Balance Accounts Receivable Date Debit Account No. 111 Credit Balance Date Debit Tools Office Supplies Date Debit Account No. 121 Credit Balance Account No. 131 Credit Balance Date Debit Machinery Account No. 141 Equipment Account No. 151 Total liabilities