Prepare the journal entries to record the following transactions for Tony's Truck Rental in January 2019. Narrations are required. January 6 Tony contributed $700,000 cash to the business. 11 Received $60,000 cash for services to be provided next month. 15 Earned fees $120,000 from customers. Of this, 75% of the fees were received in cash and the remaining balance will be received in next month. 22 Tony paid the annual insurance fee of $1,800 for the next 12 months 31 Tony purchased Trucks for $950,000. He paid $150,000 cash and the remaining balance is financed through a bank loan