Remaining Time: 2 hours. 12 minutes, 47 seconds. Question Completion Status: Click Submit to complete this assessment. Questions of Question 4 7 pointsto meetme 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 4th Purchased $10,000 inventory on credit from TeaPots Galore 5th Paid $5,500 cash for office equipment 6th Sold goods on credit for $2,200 7th Paid shop rent for November $1,000 8th 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. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Open Sans, S... 10pt V v V + ABC BV X x Xz