Jack Stephan, a house painter, has entered into a $2,400 contract to do a paint job that will begin in 20x1 and end in 20x2. Assuming a calendar-year accounting period, prepare Jack's entries in the following journal, using the dates and explanations provided.
Definitions:
Evaporite Minerals
Minerals formed by the evaporation of water, leaving behind salts and other soluble substances, common in arid environments or enclosed bodies of water.
Limestone
A sedimentary rock composed mainly of calcium carbonate, often formed from the remains of marine organisms.
Mineral Composition
The unique combination and arrangement of minerals within a rock, which determines the rock's characteristics and properties.
Sedimentary Rocks
Rocks formed by the accumulation or deposition of mineral or organic particles at the Earth's surface, followed by cementation.
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