You have been hired as an accountant for NFT Consulting Inc. This business was created when some friends decided to make use of their newly minted college degrees and go into business together. The business was created on November 1, 2017. The company will have a fiscal year end of October 31st. The initial formation transactions and early purchases for NFT Consulting Inc. resulted in the balances that are included in the first 2 columns of the Worksheet. (see the worksheet tab) During November, the first month of operations, the following transactions occurred: Event Date 1-Nov Paid $7.200 for 12 months rent on office space 2-Nov Purchased office furniture for $8,950. 3-Nov Purchased $11,354 of additional office supplies on account. Borrowed 20,000 from the bank for operating cash. The note has a 3% interest rate (simple interest) and is to be paid back in 4 8-Nov years 15-Nov Received $10,800 from Fortuna Inc. for work to be performed over the next 12 months. 20-Nov Paid S1,560 for utilities 21-Nov Performed services for various customers for S13,200 cash and another S18,100 on account. 25-Nov Paid S8,650 for purchases of supplies previously made on account. 27-Nov Paid salaries to employees totaling S5,200 for 1 week. 30-Nov Collected $12,300 as payment for amounts previously billed. 30-Nov Dividends of $3,000 were declared and paid