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. Accounts Payable Cash Cleaning Expense Common Stock $ 690 2,300 2,070 Equipment Repairs Expense Service Revenue 6,900 Wages Expense $ 5,520 460 4,600 1,840 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 Debit Credit Beginning Balance Accounts Payable Debit Credit Beginning Balance Required Information Service Revenue Debit Credit Beginning Balance Ending Balance 0 Common Stock Debit Credit Beginning Balance Ending Balance 0 Equipment Debit Credit Beginning Balance Ending Balance Cleaning Expense Debit Credit Beginning Balance Ending Balance 0 Repairs Expense Retained Earnings Debit Credit Debit Credit Beginning Balance Beginning Balance Prev 7 8 9 of 9 Next > Required Information Repairs Expense Debit Credit Beginning Balance Ending Balance 0 Wages Expense Debit Credit Beginning Balance Ending Balance 10 Retained Earnings Debit Credit Beginning Balance Ending Balance 0 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 repo company does not yet have a balance in Retained Earnings because this is its first yea has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock $ 690 2,300. Equipment Repairs Expense 2,070 Service Revenue 6,900 Wages Expense 4. Prepare T-accounts that show the November 30 balances as December 1 beginning bala your answer to requirement 3 to calculate updated December 31 balances. Retained Earnin Cash Credit + Debit