Part 2. Journal Entries During November the following summary transactions were completed. Nov. 1 Borrowed $2,500 from the bank. Nov. 8 Paid $1,100 for salaries due employees, of which $600 is for November Salaries. Nov. 10 Received $1,200 cash from customers on account. Nov. 17 Purchased supplies on account $500. Nov. 25 Paid salaries $1,300. Nov. 27 Performed services on account and billed customers for services provided $900. Adjustment data consist of: 1. Annual depreciation is $600. 2. The interest rate for the loan from the bank is 12%. 3. Services related to unearned service revenue of $1,150 were performed. a) (12pts) Record the November transactions (active journal entries). b) (8pts) Record the adjusting entries for November 30th. Assume that the previous adjusting entries have been made on Oct. 31st (I.e., please make adjusting entries only for this month of November.)