On October 31, 2021, the account balances or Trial Balance Ortoher 31. 2021 During November the following summary transactions were completed. Adjustment data consist of: 1. Supplies on hand $1,000. 2. Accrued salaries payable $1,050. 3. Compute the depreciation expense to recognize in November using the facts below: - The $10,000 equipment has a seven-year useful life and an estimated salvage value of $1,600 - The $3,000 equipment purchased on November 13 is expected to have five-year useful life and no salvage value. It is the company's policy to take a full month's worth of depreciation for fixed assets purchased in the first fifteen days of a month. 4. Only $1,500 worth of services remain to be performed at the end of the month. Instructions (a) Enter the November 1 balances in the ledger accounts. (b) Journalize the November transactions. (c) Post to the ledger accounts. (d) Complete a worksheet for November. (e) Prepare an income statement and a statement of owner's equity for November and a balance sheet at November 30 . (f) Journalize and post adjusting entries. (g) Journalize and post the closing entries. (h) Prepare the post-closing trial balance