started a new business in the name of Power Electrical on October 1,2017. Dunng October, a number of activides occurmed and the following totals resulted at October 31, 2017 (shown in accounting equation format Liabildes+Equity Office 43,000$8.300 $3.200 $41,000$20.500$31,000$85.000 During November, the following occurred Nov. 1 Rented office space and paid cash for the month's rent of $8,500 and agreeing to pay the balance in 30 days Nov. 6 Completed electrical work and immediately collected $3,300 for doing the work 3 Purchased electrical equipment for $31,000 from an electrician who was going out of business, by using $16.500 in personal funds 5 Purchased office supplies by paying $3,100 cash. 8 Purchased $6,500 of office equipment on credin 15 Completed electrical work on credit in the amount of $7.300 16 Interviewed and hired a part-time electrician who will be paid $6.600 each month He will begin work in three weeks 18 Purchased $2.300 of office supplies on credn 20 Paid for the office equipment purchased on Novergber 8 24 Biled a client $5,450 for electrical work; the balance is due in 30 days 28 Received $7,300 for the work completed on Novembee 15 30 Paid the office assistant's salary of $5,700 30 Paid the monthly utility bils of $4,900 30 Power withdrew $2,700 from the business for personal use. Required Complete the following tabie. Use additions and each change in equity, state whether the change was caused by an investment, a revenue, an expense, or a total for each item and verify that the equation is in balance. (Enter all amounts as positive transactionlevent, select "No Entry Required" in the equity transaction field) t subtractions to show the effects of each November actvity on the items in the equation For withdrawal. Determine the Sinal values If no entry is required for a Office ElectricalAccounts Paabe Office Cash 8.300 41,000 5 20,500 S 31.000 85.000 Bal Oct3 15 20 24 28 30 30