Journalize the following: 1. Toni invested $85,000 to start NBC consulting services 2. Toni performed $5,600 of services on account. 3. Toni purchased equipment for $20,000 by paying $6,500 at the time and agreeing to pay the balance in 15 days. 4. Toni collected $3,000 on account for services performed last month. 5. Toni received but did not pay the monthly telephone bill, $275. 6.Toni received an advance payment of $6,000 for services to be performed next month. 7. Toni paid the balance due for the equipment purchased in transaction #3. 8. Toni withdrew $2,500 from the business for personal use. Prepare the journal entries for the above transactions