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a Nancy Drew started a painting business in November 2021. Prepare journal entries to record the transactions during the month of November detailed below. You

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a Nancy Drew started a painting business in November 2021. Prepare journal entries to record the transactions during the month of November detailed below. You may omit explanations of the transactions. Complete the journal entries by selecting the correct item from the drop down list Ir Nov 1. Nancy started the business by investing cash of $25,000. T Dr. Cr. Nov 2 Entered into a painting contract with Client A for a total of $2,900, Client A paid $800 in advance prior to commencing any work. Dr. Cr. Nov 3. Purchased painting supplies for $320 on account Dr. Cr. Nov 4. Received cash of $1,200 for painting services provided to Client B. E 3C Cloudy A y de Help Nov 4 Received cash of $1,200 for painting services provided to Client B DI EXCE e 20 Cr Finish Nov 5 Paid for one year insurance in advance, $2,400. Timele Dr. . Cr. Nov 6. Completed the painting contract for Client A (see above, Nov 2) and sent the invoice. Dr 4 . DI . Cr. . . Nov 7 Paid cash of $400 from the business bank account for Nancy's personal expenses. Dr. . . Cr Nov 8 Paid for the supplies purchased above (Nov 3) Dr. 3C CloudyE Dr. > Cr . . Nov 8 Paid for the supplies purchased above. (Nov 3) Dr. . Cr. Nov 30. Adjusting entry for insurance was recorded for the month of November, Dr. Cr. . Nov 30. Cash Account Balance on Nov 30 is

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