Question: Please record BALANCE SHEET, INCOME STATEMENT, and Statement of stockholders equity for the below November transactions

Here are the October Transaction Details to assist with November journal entries.

Pioneer Advertising Agency, Inc. is a sports advertising venture that began business on October 1, 20x1. The month ended October 31, 20x1. Pioneer completed the following transactions during October 20x1:

1. Pioneer was incorporated on October 1, 20x1, and on that date, 5000 shares of no-par common stock was issued for $100,000 cash.
2. On October 1, Pioneer purchased office equipment costing $50,000 by signing a 3-month, $50,000 note payable with a 12% annual interest rate. Both interest and principal are due on January 1, 20x2. The equipment has a useful life of ten years, has a $2,000 estimated salvage value, and is depreciated using the straight line method.
3. Robert Knox (a customer) remitted $12,000 cash to Pioneer on October 2 for advertising services that are expected to be completed by December 31, 20x1. The services are provided evenly during the months of October, November and December.
4. On October 4, Pioneer payed $6,000 cash for a one-year liability insurance policy that expires on September 30, 20x2.
5. On October 5, Pioneer purchased a supply of advertising materials from Aero Supply for $25,000 on account. The materials are used for preparing and printing advertising products for customers. At October 31, an inventory count noted that only $10,000 of materials remained.
6. On October 9, Pioneer signed a contract with a local business for advertising posters to be provided in November. Pioneer will commence work on the posters in November, and payment of $7,000 is due following delivery of the posters to the customer.
7. Pioneers board of directors declared and paid a cash dividend of $5,000 on October 20.
8. Pioneer pays employees salaries in cash. Employees are paid once a month, on the last Friday of each month. The total payroll is $10,000 per each 5-day workweek. In October, the pay period began on Monday, October 1. Consequently, the pay period ended on Friday, October 26, with salaries of $40,000 being paid on October 26. Thus, employees worked three days in October (Monday the 29th, Tuesday the 30th, Wednesday the 31st) for which they were not yet paid as of October 31, 20x1.
9. Pioneer paid Felix Realty $9,000 cash on October 31 for office rent for the month of October.
10. On October 31, Pioneer received $28,000 cash and billed Copa Company $72,000 for advertising services of $100,000 that Pioneer provided during October.
11. Pioneer provided $2,000 of services to a customer on October 31. Pioneer billed the client but the client has not yet paid.
12. Pioneer estimates that 2% of its ending accounts receivable balance will be uncollectible.
13. Pioneer estimates that the company owes income taxes equal to $11,592 for the month of October. October income taxes will not be paid until early in fiscal 20x2 (i.e., the next year).

Here is the templates.

Pioneer Advertising
Balance Sheet
November 30, 20x1
Assets
Total Assets
Liabilities & Stockholders' Equity
Liabilities
Total Liabilities
Stockholders' Equity
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity

Pioneer Advertising
Income Statement
Month-Ended November 30, 20x1
Revenues
Expenses
	Total Expenses
Income Before Income Taxes
	Income Tax Expense
Net Income

Pioneer Advertising
Statement of Shareholders' Equity
November 30, 20x1
	Common	Additional	Retained
	Stock	Paid-in-Capital	Earnings
Balance at October 31, 20x1
Issuance of common stock
Net Income - November, 20x1
Balance at November 30, 20x1

Thank you.

Pioneer Advertising Agency, Inc. - Month of November 20x1 Comprehensive Accounting Cycle Problem ACCT 20100 - Fall 2021 This is a continuation of the Pioneer Advertising Agency October Case. Previously you completed the accounting and financial statements for the month of October 20x1, Pioneer's first month of operations as a business. Below is a list of transactions that occurred during November 20x1, Pioneer's second month of business. 1. On November 3, Pioneer collected $2,000 for services provided in October (see transaction #11 in the October Pioneer Case). 2. On November 6, Pioneer paid $20,000 to Aero Supply for advertising materials that were purchased in October on account (see transaction #5 in the October Pioneer Case). 3. On November 8, Pioneer purchased additional supplies of advertising materials from Aero Supply for $15,000 on account. 4. On November 13, Pioneer received a $25,000 cash payment and billed ReTell Company $50,000 for advertising services totaling $75,000. The services were provided during November 5. On November 21, Pioneer received $70,000 cash as an advance payment for advertising services that will be provided in December. 6. On November 25, Pioneer received $50,000 cash from Copa Company as partial payment for advertising services provided during October (see transaction #10 in the October Pioneer Case). 7. On November 30, Pioneer collected payment of $7,000 from a local newspaper for fliers designed in November and delivered on November 30 (see transaction #6 in the October Pioneer Case). 8. Pioneer pays employees' salaries in cash. Employees are paid once a month, on the last Friday of each month. The total payroll is $10,000 per workweek. In November, the pay period ended on Friday, November 30. On November 30, Pioneer made salary payments of $50,000 representing the period from October 29 through November 30. 9. Pioneer paid Felix Realty $12,000 cash on November 30 for office rent for the month of November 10. During November, Pioneer provided services worth $30,000 on account (the clients were billed for the services on November 30, but cash was not yet collected). 11. One-third of the services related to transaction #3 in the October Pioneer advertising Case were provided in November. 12. Pioneer performed a count of advertising supplies inventory and noted that $6,000 of supplies remained at the end of November. 10. During November, Pioneer provided services worth $30,000 on account (the clients were billed for the services on November 30, but cash was not yet collected). 11. One-third of the services related to transaction #3 in the October Pioneer advertising Case were provided in November. 12. Pioneer performed a count of advertising supplies inventory and noted that $6,000 of supplies remained at the end of November. 13. Pioneer received an advanced payment of $15,000 on November 30 for services to be provided in December. 14. Pioneer estimates that 3% of its November ending accounts receivable balance will be uncollectible. Pioneer did not write-off any specific accounts in November. 15. Pioneer estimates that the company owes income taxes equal to $13,307 for the month of November. November income taxes will not be paid until early in fiscal 20x2 (i.e., the next year). Pioneer Advertising Agency, Inc. - Month of November 20x1 Comprehensive Accounting Cycle Problem ACCT 20100 - Fall 2021 This is a continuation of the Pioneer Advertising Agency October Case. Previously you completed the accounting and financial statements for the month of October 20x1, Pioneer's first month of operations as a business. Below is a list of transactions that occurred during November 20x1, Pioneer's second month of business. 1. On November 3, Pioneer collected $2,000 for services provided in October (see transaction #11 in the October Pioneer Case). 2. On November 6, Pioneer paid $20,000 to Aero Supply for advertising materials that were purchased in October on account (see transaction #5 in the October Pioneer Case). 3. On November 8, Pioneer purchased additional supplies of advertising materials from Aero Supply for $15,000 on account. 4. On November 13, Pioneer received a $25,000 cash payment and billed ReTell Company $50,000 for advertising services totaling $75,000. The services were provided during November 5. On November 21, Pioneer received $70,000 cash as an advance payment for advertising services that will be provided in December. 6. On November 25, Pioneer received $50,000 cash from Copa Company as partial payment for advertising services provided during October (see transaction #10 in the October Pioneer Case). 7. On November 30, Pioneer collected payment of $7,000 from a local newspaper for fliers designed in November and delivered on November 30 (see transaction #6 in the October Pioneer Case). 8. Pioneer pays employees' salaries in cash. Employees are paid once a month, on the last Friday of each month. The total payroll is $10,000 per workweek. In November, the pay period ended on Friday, November 30. On November 30, Pioneer made salary payments of $50,000 representing the period from October 29 through November 30. 9. Pioneer paid Felix Realty $12,000 cash on November 30 for office rent for the month of November 10. During November, Pioneer provided services worth $30,000 on account (the clients were billed for the services on November 30, but cash was not yet collected). 11. One-third of the services related to transaction #3 in the October Pioneer advertising Case were provided in November. 12. Pioneer performed a count of advertising supplies inventory and noted that $6,000 of supplies remained at the end of November. 10. During November, Pioneer provided services worth $30,000 on account (the clients were billed for the services on November 30, but cash was not yet collected). 11. One-third of the services related to transaction #3 in the October Pioneer advertising Case were provided in November. 12. Pioneer performed a count of advertising supplies inventory and noted that $6,000 of supplies remained at the end of November. 13. Pioneer received an advanced payment of $15,000 on November 30 for services to be provided in December. 14. Pioneer estimates that 3% of its November ending accounts receivable balance will be uncollectible. Pioneer did not write-off any specific accounts in November. 15. Pioneer estimates that the company owes income taxes equal to $13,307 for the month of November. November income taxes will not be paid until early in fiscal 20x2 (i.e., the next year)