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1. Tony contributed $20,000 in cash and some equipment worth $8.000 to the business 2. Provided $5,000 of accounting services to a customer and collected $2.000 in cash with the remainder on account 3. Purchased supplies on account, $1.200. Payment is required in 10 days 4. The customer from transaction (2) paid their outstanding balance 5. Pald $2,000 for advertising space in a local paper. The advertising is for February 6. Paid the month's rent. $3,700, at the end of the month, 7. Paid for the supplies purchased in transaction (3) 8. Received a deposit of $3.000 from a customer for work to be provided in March 2020 9. Purchased $12,000 of equipment on credit with a long-term note payable. 10. Tony withdrew $500 of supplies for personal use. 11. Paid utilities of $390 12. Paid $58 interest on the note payable. Required: Record journal entries for the above transactions. (13 marks) Explanations are not required except for calculations which should be provided. You can record the entries in this format: Dr Prepaid rent 1,000 Cr Cash 1,000 Tony started an accounting company on January 1, 2020. The accounting company had the following transactions during the month of January: 1. Tony contributed $20,000 in cash and some equipment worth $8,000 to the business. 2. Provided $5,000 of accounting services to a customer and collected $2,000 in cash with the remainder on account. 3. Purchased supplies on account, $1,200. Payment is required in 10 days. 4. The customer from transaction (2) paid their outstanding balance. 5. Paid $2,000 for advertising space in a local paper. The advertising is for February 6. Paid the month's rent, $3,700, at the end of the month. 7. Paid for the supplies purchased in transaction (3). 8. Received a deposit of $3,000 from a customer for work to be provided in March 2020. 9. Purchased $12,000 of equipment on credit with a long-term note payable. 10. Tony withdrew $500 of supplies for personal use. 11. Paid utilities of $390. 12. Paid $58 interest on the note payable. Required: Record journal entries for the above transactions. (13 marks) Explanations are not required except for calculations which should be provided