Kara Morris founded KK Business and had the following transactions in her first month of operations: A. Record the journal entries for the following transactions: (7 points) 1. Kara invested $15,000 cash into the business on June 1 2. On June 1, KK Business paid $400 to cover insurance for the month of June, 3. On June 3, KK Business purchased $12,000 worth of equipment on credit. 4. On June 6, the business rented additional equipment for $1,500 on account 5. On June 9, the business provided lessons to a group of clients for $3,500 on account 6. On June 14, the business collected $2,000 from its credit customers. 7. The equipment purchased on June 3 on credit was paid on June 28 B. Open the following T-Accounts and post the journal entries into the T- accounts (8 points) Cash, Accounts Receivable, Equipment, Accounts Payable, Owner's Capital, Teaching Revenue, Insurance Expense and Equipment Rental Expense C. Compute for Total Assets, Total Liabilities and Total Equity and show trial balance at the end of June. (5 points)