Here are the transactions for Makeup Magic in November, its first month of operations. 1. Nov....

   

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Here are the transactions for Makeup Magic in November, its first month of operations. 1. Nov. 1 2. Nov. 2 3. Nov. 5 4. Nov. 7 5. Nov. 8 The principal partners contributed $5,000 to the business as seed money to start operations. Purchased disposable makeup supplies costing $1,200. Performed a counter gig at the local Macy's for a modest $300 cash. Supplies were provided by the host. Purchased three months of advertising services to be displayed in the local newspaper and various websites, $900. Transformed a family into their fanciest selves for a reunion photo shoot. You charged $500 on account. 6. Nov. 10 A local theater company just asked you to do the entire cast's makeup for their shows! The company paid you $3,000 in advance for 9 shows total. 7. Nov. 12 You hired a gopher whose job is to carry all your supplies and equipment to and from each job. He was paid $180 for the first week. 8. Nov. 14 9. Nov. 21 10. Nov. 25 11. Nov. 29 12. Nov. 30 13. Nov. 30 Adjustments Magic Makeup purchases a mobile equipment station in order to professionally administer to customers. The equipment cost $5,000, of which you paid $1,000 and put the remainder of the balance on account. The family paid the balance due from November 8th. Sephora has requested Makeup Magic to serve as makeup artists to work on several promotional shows they are holding this coming weekend. You completed the entire job for $1,850. Sephora paid $1,000, and you billed the difference. Received utility bill, $400, which you put on account. Took out a small business loan from the bank so that Makeup Magic can embark on a marketing blitz for the holiday season. The bank approved a loan for $5,500 at 9%, due exactly one year from today. The makeup magicians withdrew $2,000 in the form of dividends. 1. Expired advertising. 2. Makeup Magic did the makeup for 3 of the 9 shows for the theater company. 3. Depreciation of mobile equipment station, $75. Instructions 1. Journalize all November transactions in the general journal. You may skip journal entry descriptions. 2. Post every journal entry to the general ledger 3. Prepare an unadjusted trial balance at November 30,2017 Here are the transactions for Makeup Magic in November, its first month of operations. 1. Nov. 1 2. Nov. 2 3. Nov. 5 4. Nov. 7 5. Nov. 8 The principal partners contributed $5,000 to the business as seed money to start operations. Purchased disposable makeup supplies costing $1,200. Performed a counter gig at the local Macy's for a modest $300 cash. Supplies were provided by the host. Purchased three months of advertising services to be displayed in the local newspaper and various websites, $900. Transformed a family into their fanciest selves for a reunion photo shoot. You charged $500 on account. 6. Nov. 10 A local theater company just asked you to do the entire cast's makeup for their shows! The company paid you $3,000 in advance for 9 shows total. 7. Nov. 12 You hired a gopher whose job is to carry all your supplies and equipment to and from each job. He was paid $180 for the first week. 8. Nov. 14 9. Nov. 21 10. Nov. 25 11. Nov. 29 12. Nov. 30 13. Nov. 30 Adjustments Magic Makeup purchases a mobile equipment station in order to professionally administer to customers. The equipment cost $5,000, of which you paid $1,000 and put the remainder of the balance on account. The family paid the balance due from November 8th. Sephora has requested Makeup Magic to serve as makeup artists to work on several promotional shows they are holding this coming weekend. You completed the entire job for $1,850. Sephora paid $1,000, and you billed the difference. Received utility bill, $400, which you put on account. Took out a small business loan from the bank so that Makeup Magic can embark on a marketing blitz for the holiday season. The bank approved a loan for $5,500 at 9%, due exactly one year from today. The makeup magicians withdrew $2,000 in the form of dividends. 1. Expired advertising. 2. Makeup Magic did the makeup for 3 of the 9 shows for the theater company. 3. Depreciation of mobile equipment station, $75. Instructions 1. Journalize all November transactions in the general journal. You may skip journal entry descriptions. 2. Post every journal entry to the general ledger 3. Prepare an unadjusted trial balance at November 30,2017