Summary financial data for the Nu-Look Dry Cleaning Co. for November are presented below in transaction form.

(10 marks)

1. Opened a business bank account, depositing $ 12,000
2. Purchased supplies for cash, $220
3. Purchased dry cleaning equipment from Hill cleaning Equipment, Inc. for $3,500, paying $1,500 in cash with the balance on account.
4. Paid rent for the month, $825
5. Cash sales for the month totaled $1,850
6. Paid salaries of $375
7. Paid $500 on account to Hill cleaning Equipment, Inc.
8. The cost of supplies used was determined to be $60.

Record the transactions and running balances in the following form.