The following transactions occur in November. November 1 Issue common stock in exchange for $12,500cash. November 2 Purchase equipment with a long-term note for $3,000 from Spartan Corporation. November 4 Purchase supplies for $1,100 on account. November 10 Provide services to customers on account for $8,500. November 15 Pay creditors on account, $1,200. November 20 Pay employees $2,500 for the first half of the month. November 22 Provide services to customers for $10,500cash. November 24 Pay $1,200 on the note from Spartan Corporation. November 26 Collect $6,500 on account from customers. November 28 Pay $1,200 to the local utility company for November gas and electricity. November 30 Pay $4,500 rent for November. 2. \& 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at November 30 . (Hint Be suri to include the balance at the beginning of November in each T-account.) \begin{tabular}{|l|l|l|l|l|l|l|l|l|} \hline Beg. Bal. & \multicolumn{3}{|c|}{ Supplies } & & & & & \end{tabular}