After several months of planning, Denise Murphy started a structural lab-test business for the real estate construction industries called Denise Murphy Consultants. The following events occurred during its first month: a. On May 1, Murphy started the firm, investing $3,000 cash and $15,000 of equipment. b. On May 2, the firm paid $600 cash for furniture for the shop. c. On May 3, the firm paid $500 cash to rent space in a strip mall for May. d. On May 4, it purchased $1,200 of equipment on credit for the shop (using a long-term note payable). e. On May 5, the firm opened for business. Cash received from services provided in the first week and a half of business (ended May 15) is $825. f. On May 15, it provided $100 of consulting services on account (invoiced). g. On May 17, it received a $100 check for services previously rendered on account. h. On May 17, it paid $125 to an assistant for work during the store opening. i. Cash received from services provided during the second half of May is $930. j. On May 31, it paid a $400 installment toward principal on the note payable entered into on May 4. k. On May 31, it paid $900 cash dividends to Murphy. Questions: 1. Present the journal entry for each of the above transactions. 2. Create a Transaction Table for the above transactions.