Tea Leaf owns Tea and Cups which is a brand new boutique store in Terrigal. The following transactions occurred so far in November 202 2: November: 1st Tea Leaf contributed $12,000 to open the business bank account 2nd Loan of $20,000 approved by New Bank with proceeds deposited to the business bank account Purchased $10,000 inventory on credit from TeaPots Galore 4th 5th 6th 7th 8th Paid $5,500 cash for office equipment Sold goods on credit for $2,200 Paid shop rent for November $1,000 Made cash sales of $1,040 Required: Use journal entries to record the November transactions for Tea and Cups (7 Marks) Note: Narration is required.