Luke Unlimited Companys account balances on November 1 are as follows:

	Debit	Credit
Cash	$7,800
Accounts Receivable	12,530
Allowance for Doubtful Accounts		$740
Notes Receivable	6,000
Inventory	25,121
Prepaid Insurance	840
Office Supplies	465
Land	74,350
Buildings	66,580
Accumulated Depreciation: Buildings		21,400
Equipment	37,620
Accumulated Depreciation: Equipment		11,480
Patents	25,000
Accounts Payable		38,750
Notes Payable		2,400
Common Stock, no par		165,000
Retained Earnings, January 1		24,958
Sales Revenue		36,833
Cost of Goods Sold	32,000
Sales Salaries Expense	6,200
Office Salaries Expense	4,300
Advertising Expense	1,250
Utilities Expense	1,845
Interest Revenue		550
Interest Expense	210

During the month of November, the following transactions took place:

Date	Transaction
Nov. 2	Made cash sales of $3,400; the cost of the inventory sold was $2,040.
3	Purchased $900 of inventory for cash.
5	Sold an unused 1/2 acre of land for $4,000; the land had originally cost $3,650.
8	Purchased a 2-year comprehensive insurance policy for $528.
12	Leased an unused portion of its building to WebbCo, collecting 6 months rent in advance at $220 per month.
13	Made $2,300 of sales on credit to Lauren Company; the cost of the inventory sold was $1,400.
16	Collected the $200 monthly payment plus $30 interest on a customers note receivable.
17	Purchased $1,600 of inventory on credit from Katy Company.
20	Purchased land for a future building site. Made a $2,000 down payment and signed a 12%, 90-day, $6,000 note payable for the balance.
23	Collected the Lauren Company account for the November 13 sale.
26	Paid for the November 17 purchase of inventory.
27	Paid the city newspaper $420 for advertising that had appeared during November.
30	Paid $520 of sales salaries and $390 of office salaries.

	Required:
1.	Prepare general journal entries to record the preceding transactions.
2.	Post to general ledger T-accounts.
3.	Prepare a trial balance on November 30.