Please help with creating journal entries for the following

ABC Corp.

Balance Sheet

As of December 31, 2006

Assets				Liability
Cash		$6,000		Accounts Payable		$3,000
Accounts Receivable		$4,000
				Stockholders' Equity
				Common Stock		$3,000
				Additional Paid-in Capital		$2,000
				Retained Earnings		$2,000
				Total Liability and Stockholders' Equity
Total Assets		$10,000				$10,000

Below is a summary of events experienced by ABC Corp. during 2007

1. On Jan 1^st, 2007, ABC Corp. purchased equipments for $800. The equipment has a useful life of four years and ABC Corp. use straight-line depreciation.
2. On April 1^st, 2007, ABC purchased a one-year insurance policy for $1200. The policy is effective immediately.
3. ABC Corp. declared and paid cash dividends of $1,000.