Required information [The following information applies to the questions displayed below.] Buckeye Incorporated had the following balances at the beginning of November. BUCKEYE INCORPORATED Trial...

Required information [The following information applies to the questions displayed below.] Buckeye Incorporated had the following balances at the beginning of November. BUCKEYE INCORPORATED Trial Balance November 1 Debits Credits Accounts $ 2,700 Cash Accounts 550 Receivable Supplies Equipment Accounts 650 8,900 $ 1,750 Payable Notes Payable 3,500 Common Stock 6,500 Retained 1,050 Earnings $12,800 $12,800 Totals The following transactions occur in November. 1 Issue common stock in exchange for $12,500 cash. 2 Purchase equipment with a long-term note Corporation. 4 Purchase supplies for $1,100 on account. November for $3,000 from Spartan November November 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 $10,500 cash. 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 utility company the local to for November and gas 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 sure to include the balance at the beginningg of November each T-account.) Cash Accounts Receivable Beg. Bal Beg. Bal. End. Bal. End. Bal. Equipment Supplies Beg. Bal. Beg. Bal. End. Bal. End. Bal Notes Payable Accounts Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal Common Stock Retained Earnings Beg. Bal. Beg. Bal. End, Bal. End. Bal Salaries Expense Service Revenue Beg. Bal. Beg. Bal End. Bal End. Bal. Utilities Expense Rent Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal.