Jill Martin of Regina opened Martin’s Catering Service. As her accountant, analyze the transactions listed below and present in proper form:

1. The analysis of the transactions by utilizing the expanded accounting equation

2. A balance sheet showing the position of the firm before opening on November 1, 2013

3. An income statement for the month of November 4. A statement of owner’s equity for November 5. A balance sheet as of November 30, 2013

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2013 Oct. 28 Jill Martin invested $8,000 in the catering business from her personal savings account. 29 Bought equipment for cash from Munroe Co., $900. 30 Bought additional equipment on account from Ryan Co., $1,800 31 Paid $1,000 to Ryan Co. as partial payment of the October 30 transaction (You should now prepare your balance sheet as of October 31, 2013.)