Journalize the Following Transactions:

Ex. Journal Entry: Dr. Cash Cr. Sales Revenue

a) Tina issued $5,000 in exchange for common stock to start her business.

b) On March 1, she paid $3,000 for an insurance policy.

c) On May 1, she purchased equipment for $10,000.

d) On June 1, she performed $12,000 in services. $10,000 was received in cash and $2,000 will be billed to the customers.

e) At year end she declared and paid $2,000 in dividends.