12) Prepare journal entries for the following details: ( marks). a. Phil Dawson invested $20,000 cash in his new dry cleaning business. b. Received a $5,000 loan from the bank. C. Purchased machinery for $10,000, by paying $5,000 cash and $5,000 on account. d. Purchased hangars for $1,000 cash. e. Paid $5,000 to the vendor in question "C" f. Received $3,000 cash from clients for services