Q2 (20 marks) The following postings show transactions for November, 2020 for Guttierez Contracting Cash Nov 1 60,000 Nov 30 35,000 Accounts Payable Nov 8 33,600 Nov 21 480 Nov 15 3,200 Nov 25 10,000 Land Nov 8 70,000 Notes Payable Nov 25 10,000 Nov 8 100,000 Building Nov 8 63,600 Joe Guttierez, Capital Nov 1 60,000 Nov 30 35,000 + Office Equipment Nov 15 3,200 Nov 21 480 (a) Nov 1: Cash 60,000 Joe Guttierez. Capital 60,000 Use the data from the T account postings to re-create the journal entries made for November Prepare an explanation for each entry. The first one is done for you as an example for the November 1 posting Nov-01 60,000 Cash Joe Guttierez Capital Owner invested 60,000 in the business 60,000