Sebastian Incorporated had the following balances at the beginning of November.

SEBASTIAN INCORPORATED
Trial Balance
November 1
Accounts	Debits	Credits
Cash	$2,400
Accounts Receivable	520
Supplies	620
Equipment	8,600
Accounts Payable		$1,600
Notes Payable		3,200
Common Stock		6,200
Retained Earnings		1,140
Totals	$12,140	$12,140

The following transactions occur in November.

November 1	Issue common stock in exchange for $12,200 cash.
November 2	Purchase equipment with a long-term note for $2,700 from Hoosier Corporation.
November 4	Purchase supplies for $1,100 on account.
November 10	Provide services to customers on account for $8,200.
November 15	Pay creditors on account, $1,200.
November 20	Pay employees $2,200 for the first half of the month.
November 22	Provide services to customers for $10,200 cash.
November 24	Pay $1,080 on the note from Hoosier Corporation.
November 26	Collect $6,200 on account from customers.
November 28	Pay $1,200 to the local utility company for November gas and electricity.
November 30	Pay $4,200 rent for November.

Post each transaction to the appropriate T-accounts and calculate the balance of each account at November 30. (Hint: Be sure to include the balance at the beginning of November in each T-account.)