7: (8 Points) In January, 2020, we have a feeling that 2020 will be a doozie -and many people will be stuck in their homes cleaning out their closets. As such, we start a storage company called Bananas. Our customers can rent locked rooms to store their personal belongings. We hire the BUS 181 class to create a Chart of Accounts. They came up with the following: A: On January 1,; we invested $100,000 in cash in exchange for Common Stock in the Business. Journalize the transaction in the correct Journal Entry format (including date, description, etc). B: On January 2as, we purchased $3,000 of supplies for cash. Journalize the transaction in the correct Journal Entry format (including date, description, stele C: On January 4th, we pay $7,000 cash for a 12 -month Insurance Policy. Journalize the transaction in the correct Journal Entry format (including date, description, etc)