Jill Martin of Regina opened Martin€™s Catering Service. As her accountant, analyze the transactions listed below and present the following information in proper form:
1. The analysis of the transactions using the expanded accounting equation
2. A balance sheet showing the financial 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 $9,500 in the catering business. 29 Bought equipment on account from Munroe Co., $1,200 30 Bought equipment for cash from Ryan Co., $1,500. 31 Paid $600 to Munroe Co. as partial payment of the October 29 transaction Nov. 1 Catered a business luncheon and immediately collected cash, $2,400 4 Paid salaries of employees, $580. 8 Provided catering services to Northwest Community College on account, $4,500 11 Received from Northwest Community College $2,000 cash as partial payment of November 8 transaction. 15 Paid telephone bill, $95. 18 Jill paid her home mortgage with a company cheque, $825 Provided catering services and received cash, $1,800. 25 Bought additional equipment on account, $500 28 Rent expense due but not yet paid, $750. 29 P $600 aid supplies expense,