Requirement $2.$ Post the journal entries to the T$-$accounts and calculate account balances. Use the transaction dates as posting references.

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Reference

Nov. $1$: CJ Hadley contributed $$33,000$ and a truck, with a market value of $$10,000,$ to the business in exchange for capital.

$\backslash$table$[[$Date$,,$Accounts,Debit,Credit$],[$Nov$.,1,$Cash,$33,000,],[,$Truck,$10,000,],[,$Hadley, Capital,,$43,000]]$

Nov. $2$: The business paid $$2,400$ to Portland Properties for November through February rent. $($Debit Prepaid Rent$)$

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[$Nov$.,\backslash$table$[[$Prepaid Rent$],[$Cash$]],2,400,2,400]]$

Nov. $3$: Paid $$4,200$ for a business insurance policy for the term November $1,2024$ through October $31,2025.($Debit Prepaid Insurance$)$

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[$Nov$.,3,$Prepaid Insurance,$4,200,],[,,,,4,200],[,,,,],[,,,,]]$