MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock $ 870 Equipment 2,900 Repairs Expense 2,610 Service Revenue 8,700 Wages Expense $ 6,960 580 5,800 2,320 4. Prepare T-accounts that show the November 30 balances as December 1 beginning balances and then post the below journal entries to calculate updated December 31 balances. Retained Earnings has a beginning balance of $0. a. Provided rental services at a price of $870 and collected the full amount in cash. b. Paid $203 cash to a cleaning company for December work. c. Paid $174 cash to MyBnB's part-time employee for December wages. d. Paid $290 cash on account for amounts owed from a prior equipment purchase. e. Obtained repair services in December at a cost of $116, to be paid in January. Debit Beginning Balance Ending Balance Beginning Debit Balance Casn Credit Accounts Payable Debit Credit Beginning Balance Ending Balance Service Revenue Equipment Credit Debit Credit Beginning Balance Ending Balance Ending Balance Common Stock Cleaning Expense Debit Credit Debit Credit Beginning Beginning Balance Balance Ending Balance Ending Balance Repairs Expense Retained Earnings Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Wages Expense Debit Credit Beginning Balance Ending Balance Ending Balance