Prepare a trial balance as of November 30. Journal entry worksheet 56 Issue common stock in exchange for $12,200 cash. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Panthers Incorporated had the following balances at the beginning of November. The following transactions occur in November. November 1 Issue common stock in exchange for $12,200 cash. November 2 Purchase equipment with a long-term note for $2,700 from Spartan Corporation. November 4 Purchase supplies for $1,100 on account. November 10 Provide services to customers on account for $8,200. November 15 Pay creditors on account, \$1,200. November 20 Pay employees $2,200 for the first half of the month. November 22 Provide services to customers for $10,200 cash. November 24 Pay $1,080 on the note from Spartan Corporation. November 26 Collect $6,200 on account from customers. November 28 Pay $1,200 to the local utility company for November gas and electricity. November 30 Pay $4,200 rent for November. Required: 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 2. \& 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at November 30 . (Hint: Be sure to include the balance at the beginning of November in each T-account.) 4. Prepare a trial balance as of November 30