Prepare necessary journal entries in good form for the following transactions. If no entry is required, write "no entry." Omit explanations. 1 Big Julius started a business by investing $20,000 into a business bank account and office equipment valued at $8,000 2 Paid rent for the month in advance, $1,400. 6 Purchased a vehicle to be used for the business for $14,000. Paid $6000 in cash, the remainder to be paid in 4 monthly installments. 7 Recorded revenue earned from consultancy services of $2,800 in cash and $1,500 on account. 10 Received $500 from a customer on account. 12 Made an early first installment payment on the vehicle purchased on January 6th. 13 Julius withdrew $400 to pay for his son's school fees. 15 Purchased supplies of $500 on cash. Use the above journal entries and post them to the ledger accounts (T-Accounts )