Prepare AJE's, post to T accounts and prepare financial statements for Nov 30, 2020

Liabilities: Accounts payable Long-term debt $6,600 $16,000 Assets: Property, plant, equip Accounts receivable Cash Inventory Supplies $23,000 $7,000 $9,000 $4,000 $1,600 S/E: Common stock Liab & S/E $22,000 $44,600 Total assets $44,600 Above is the preliminary November 30, 2020 Trial Balance. Following are further details that you have discovered and require inclusion in the Nov 30 F/S. Prepare AJE's, post to T accounts... and prepare financial statements for Nov 30, 2020... (Balance Sheet, I/S and R/E) See tabs below for AJE's, T-accounts and F/S (make sure F/S is properly classified and presented 1 - A cash sale was made for $2,100 on Nov 15... related costs were $1,100 2 -The LT debt was taken out on November 6, 2020. 5 year term with monthly payments on the 24nd of each month. Interest rate is 9%. 3 - Wages are due at Nov 30 for $1,950... tax withholding rate is 9%, withholding rate is 3% (employer match is required). 4 - Nov 30, 2020 supplies account was $600. 5 - Insurance was purchased on Nov 30 for $390 for a year. 6 - Credit sales of $2,100 were made on Nov 22 (n/30). Related costs were $440. 7- $1,800 of A/P were paid on Nov 22. 8 - Rent of $1,100 was paid in cash on Nov 1. 9 - A $300 dividend was declared on Nov 29, for payment on Dec 8, 2020. 10 - The PP&E was acquired on Nov 15 and has an estimated life of 6 years, 11 - A $250 cash deposit was required when the rental was entered into on Nov 2. 12 - Services for Nov to Jan were paid for in advance on Nov 3 for $300. Equal services through Nov to Dec. 13 - Confirmation of a major sale was received on November 29 for $12,000... this sale will be produced and shipped on Dec 3. 14 - The company issued a further $1,200 of common stock on Nov 27. Liabilities: Accounts payable Long-term debt $6,600 $16,000 Assets: Property, plant, equip Accounts receivable Cash Inventory Supplies $23,000 $7,000 $9,000 $4,000 $1,600 S/E: Common stock Liab & S/E $22,000 $44,600 Total assets $44,600 Above is the preliminary November 30, 2020 Trial Balance. Following are further details that you have discovered and require inclusion in the Nov 30 F/S. Prepare AJE's, post to T accounts... and prepare financial statements for Nov 30, 2020... (Balance Sheet, I/S and R/E) See tabs below for AJE's, T-accounts and F/S (make sure F/S is properly classified and presented 1 - A cash sale was made for $2,100 on Nov 15... related costs were $1,100 2 -The LT debt was taken out on November 6, 2020. 5 year term with monthly payments on the 24nd of each month. Interest rate is 9%. 3 - Wages are due at Nov 30 for $1,950... tax withholding rate is 9%, withholding rate is 3% (employer match is required). 4 - Nov 30, 2020 supplies account was $600. 5 - Insurance was purchased on Nov 30 for $390 for a year. 6 - Credit sales of $2,100 were made on Nov 22 (n/30). Related costs were $440. 7- $1,800 of A/P were paid on Nov 22. 8 - Rent of $1,100 was paid in cash on Nov 1. 9 - A $300 dividend was declared on Nov 29, for payment on Dec 8, 2020. 10 - The PP&E was acquired on Nov 15 and has an estimated life of 6 years, 11 - A $250 cash deposit was required when the rental was entered into on Nov 2. 12 - Services for Nov to Jan were paid for in advance on Nov 3 for $300. Equal services through Nov to Dec. 13 - Confirmation of a major sale was received on November 29 for $12,000... this sale will be produced and shipped on Dec 3. 14 - The company issued a further $1,200 of common stock on Nov 27