Required information [The following information applies to the questions displayed below.] Buckeye Incorporated had the following balances at the beginning of November. BUCKEYE INCORPORATED Trial Balance November 1 Accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Common Stock Retained Earnings Totals Debits Credits $ 2,300 510 610 8,500 $ 1,550 3,100 6,100 1,170 $11,920 $11,920 The following transactions occur in November. November 1 Issue common stock in exchange for $12,100 cash. November 2 Purchase equipment with a long-term note for $2,600 from Spartan Corporation. November 4 Purchase supplies for $1,000 on account. November 10 Provide services to customers on account for $8,100. November 15 Pay creditors on account, $1,100. November 20 Pay employees $2,100 for the first half of the month. November 22 Provide services to customers for $10,100 cash. November 24 Pay $1,040 on the note from Spartan Corporation. November 26 Collect $6,100 on account from customers. November 28 Pay $1,100 to the local utility company for November gas and electricity. November 30 Pay $4,100 rent for November. Required information Cash Beg. Bal. 2,300 Beg. Bal. November 1 12,100 1,100 November 15 November 22 10,100 2,100 November 20 November 26 6,100 1,040 November 24 1,100 November 28 End. Bal. 4,100 November 30 End. Bal. Supplies Beg. Bal. 610 Accounts Receivable 510 Beg. Bal. Equipment 8,500 End. Bal. End. Bal. Accounts Payable Notes Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal. Required information End. Bal. End. Bal. Common Stock Retained Earnings Beg. Bal. Beg. Bal. End. Bal. End. Bal. Service Revenue Salaries Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal. Utilities Expense Rent Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal. 4. Prepare a trial balance as of November 30. BUCKEYE INCORPORATED Accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Common Stock Retained Earnings Trial Balance November 30 Debit Credit Service Revenue Salaries Expense Utilities Expense Rent Expense Totals $ 0 $ 0