John Thildore of Regina opened Thildores Catering Service. As his accountant, analyze the transactions listed below and present the following information in proper form:

The analysis of the transactions using the expanded accounting equation

A balance sheet showing the financial position of the firm before opening on October 31, 2022

An income statement for the month of November

A statement of owners equity for November

A balance sheet as of November 30, 2022

2022, Oct. 25 John Thildore invested $25,000 in the catering business.

27 Bought equipment for cash from Small Co., $ 1,200

28 Bought additional equipment on account from Ryan Co, $ 800

29 Paid $400 to Ryan Co, as partial payment of the October 28 transaction

(You should now prepare your balance sheet as of October 31, 2022.)

Nov. 1 Catered graduation and immediately collected cash, $ 2,200

5. Paid salaries of employees, $ 550.

8 Prepared desserts for customers on account, $250

10 Received $80 cash as partial payment of November 8 transaction

15 Paid telephone bill, $50

17 John paid his home electric bill with a company cheque, $120

20 Catered a wedding and received cash, $2,500

25 Bought additional equipment on account, $1,300.

28 Rent expense due but not yet paid, $650

30 Paid supplies expense, $550

Check Figure

Total Assets Nov. 30 $30,380