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?