Refer to BE3-7. Assume that Rackets Plus adjusts its accounts on a monthly basis.
(a) Will Rackets Plus need to prepare an adjusting entry on November 30? If so, prepare the entry.
(b) Will Rackets Plus need to record a journal entry on December 1 when it receives the invoice from Ullmann Maintenance for November's services? If so, prepare the journal entry.
(c) Prepare Racket Plus's journal entry on December 9 when it pays Ullmann $455.