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  3. 837 pm sat feb 2 66 questions 1113 of 13gt...

Question: 837 pm sat feb 2 66 questions 1113 of 13gt...

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8:37 PM Sat Feb 2 令イ66%-. Questions 11-13 (of 13)> Save &Exit Submit [The following information applies to the questions displayed below. Buckeye Incorporated had the following trial balance at the beginning of November BUCKEYE INCORPORATED Trial Balance Debits Credits Accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Common Stock Retained Earnings $3,200 600 700 9,400 $2,000 4,000 7000 900 The following transactions occur in November November 1 Issue common stock in exchange for $13,000 cash November 2 Purchase equipment with a long-term note for $3,500 from Spartan Corporation. November 4 Purchase supplies for $1,000 on account. November 10 Provide services to customers on account for $9,000 November 15 Pay creditors on account, $1,100 November 20 Pay employees $3,000 for the first half of the month. November 22 Provide services to customers for $11,000 cash. November 24 Pay $1,400 on the note from Spartan Corporation. November 26 Collect $7,000 on account from customers. November 28 Pay $1,100 to the local utility company for November gas and electricity. November 30 Pay $5,000 rent for November. value: 0.66 points Required 1. Record each transaction. (If no entry is required for a transaction/event, select No journal entry require field.)8:37 PM Sat Feb 2 66%-. 2. & 3. 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.) Cash Accounts Receivable Beg. Bal Beg. Bal ovember 1 ovember 1 ovember 22 November 26 End. Bal End. Bal Supplies Equipment Beg. Bal Beg. Bal End. Bal End. Bal Accounts Payable Notes Payable Beg. Bal Beg. Bal End. Bal End. Bal Common Stock Retained Earnings Beg. Bal Beg. Bal End. Bal End. Bal Service Revenue Salaries Expense Beg. Bal Beg. Bal End. Bal End. Bal Utilities Expense Rent Expense Beg. Bal Beg. Bal End. Bal End. Bal

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