Required information [The following information applies to the questions displayed below.] MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Equipment Accounts Payable Cash Cleaning Expense Common Stock $ 480 1,600 1,440 Repairs Expense Service Revenue 4,800 Wages Expense $ 3,840 320 3,200 1,280 4. Prepare T-accounts that show the November 30 balances as December 1 beginning balances and then post the journal entries from your answer to requirement 3 to calculate updated December 31 balances. Retained Earnings has a beginning balance of $0. Cash Accounts Payable Debit Credit Debit Credit Beginning Balance Beginning Balance Debit Beginning Balance Ending Balance Service Revenue Credit Common Stock Debit Credit Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Repairs Expense Debit Beginning Balance Ending Balance Equipment Credit Cleaning Expense. Debit Credit Beginning Balance Ending Balance Retained Earnings Credit Debit Credit Beginning Balance Ending Balance Debit Beginning Balance Wages Expense Ending Balance Credit