Grace has started a new business; she registered it on 1st Jan, 2019 with the name Lady Grace. At the end of the month, the following transactions were identified, Grace wants journal entries for these transactions and have contacted you for help. Review the transactions and record the journal entries accordingly. Events: 1st Jan Grace deposited $25,000 from her personal savings into the business account. 1st Jan Company registration charges of $950 were paid from business bank account. 1st Jan Rent Office space for a monthly of $900 payable at the end of each month. 2nd Jan Grace made provision for bad debt for by estimating that uncollectable will be 1% of sales (sales is estimated to be $100,000) 3rd Jan Purchase of computer equipment worth $500 cash 10th Jan Grace provided serviced for customer for $4,500 that is due in 10 days 15th Jan Hired 2 full time workers, to be paid salary of $1,050 each, every two weeks 16th Jan Grace paid utilities bill due for $100 from business account 17th Jan Grace applied for a $5,000 business loan from the bank 18th Jan Grace received $1,000 cash for serviced rendered Jan 10 20th Jan Grace received another $500 for serviced rendered on Jan 10 30th Jan Grace paid her employees 31st Jan Rent for the month of Jan is paid