Ken Ryan organized Continental Moving Company. The transactions occurring during the first month of operations were as follows: Nov 1: Ryan deposited $400,000 cash in a bank account in the name of the business Nov 2: Purchased land for $170,000 and building for $360,000, paying $130,000 cash and signing a $400,000 notes payable to secure Mortgage Company bearing interest at 9% Nov 3: Purchased six trucks from Willis Motors at a total cost of $432,000. A cash down payment of $200,000 was made, and a notes payable was issued for the balance of the purchase price. Nov 6: Purchased office equipment for cash $24,000. Nov 6: Moved furniture for Mr and Mrs Don Fitch from New York to Los Angeles for $8650. Collected $4850 in cash, balance to be paid within 30 days(credit moving service revenue). Nov 9: Moved furniture for various clients for $32,350. Collected $18,350 in cash, balance to be paid within 30 days. Nov 15: paid salaries to employees for the first half of the month, $17,400. Nov 25: Moved furniture for various clients for a total of $27000. Cash collected in full. Nov 30: Salaries paid for the second half of November amounted to $13,250. Nov 30: Received a gasoline bill for the month of November from Lucier Oil Company in the amount of $17,500, to be paid by December 10. Nov 30: Received bill of $1250 for repair work on trucks during November by Newport Repair Company. Payment is due within 30 days. Nov 30: Paid $5000 to Secure Mortgage company. This $5000 payment included $3000 interest expense for November and a $2000 reduction in the balance of the note payable issued on November 2. Nov 30: Ryan withdrew $4000 cash from the business for his personal use. Estimated useful life of the building is 20 years, trucks 4 years, and office equipment 10 years. The account titles to be used and the account numbers are as follows Instructions Prepare journal enteries. Post to ledger account. Prepare trial balance at November 30,19_. Prepare adjusted trial balance at November 30. Prepare income statement and owners equity, and a balance sheet in report form at November 30. Prepare closing enteries. Prepare an after-closing trial balance