Lesters Jewelry company completed these transactions during November of the current year:

Nov. 1	Began a the business by investing $3,000 in cash and
	Precious stones with a $10,000 fair value.
Nov. 2	Purchased on credit office equipment, $1,500, and office supplies, $500.
Nov. 4	Completed a custom braclet for client and immediately received
	a payment of $1,200 cash.
Nov. 8 Nov. 9	Completed a necklace for a client and charged his account $3,400. Hired a new employee to begin work on Nov 20.
Nov. 10	Paid for the items purchased on credit on November 2.
Nov. 14	Paid the annual $1,200 premium on an insurance policy.
Nov. 18	Received payment in full from the client of November 8.
Nov. 23	Took out a bank loan of $20,000.
Nov. 27	Lester withdrew $250 cash from the business to pay
Nov 29	personal expenses. Paid employees $800 for the months wages.
Nov. 30	Paid the November utility bills, $225.

Required: Prepare journal entries for the above transactions.