Four transactions for Farmers Market and Repair Shop the took place in November 2016 appear below DATE TRANSACTION Nov. 1 Dennis Ortiz $60,000 n cash plus tools with a fair market value of $2, 500 to start the business 2 Purchased equipment for $1, 800 and supplies for $400 from Office Depot Invoice 501, issued 10 Performed services for Hazel Sneed for $3, 400, who paid $1, 250 in cash with the balance due in 30 days. 20 Purchased machinery for $4, 500 who Craft Machinery, In., Invoice 700, issued Check 101 for business Check 100 for $550 as a down payment with the balance due in 30 days days. $1.750 in cash as a down payment with the balance due in 30 days Record the above transactions in the general journal