PART VA GENERAL JOURNAL ENTRIES (15 Points: 22) On the accounting paper provided, present General Journal entries in proper format to record each of the following business transactions (EXPLANATIONS NOT REQUIRED FOR THE JOURNAL ENTRIES A) December 1, 2018, the business pays $1,200 in advance for insurance covering the next three months 8) December 5, 2018, the business buys a building for $700,000 paying $180,000 in cash and assumes mortgage for the balance December 12, 2018, the business receives 5320,000 cash in advance for services yet to be performed Dj December 22, 2013, the business performs services of 543,000 for which it received cash on Dec 13 6) December 31, 2018 -record the adjusting entry for Insurance for December 2012 December 31, 2018 - depreciation on the building purchased on December 5 amounted to G) December 31, 2018 Closing entries for Insurance and Depreciation for the building