Show the journal entries for the transactions below: 1) Mary and Jane who established Cake Studio made a contribution of $15,000 each to their business in exchange for shares of stocks. 2) A one-year lease for a building space was renewed and an advance payment of $24,000 was made with check # 1001 for first 4 months worth of rent. The lease period begins on January 1, 2021. Charts of Accounts Accounts Payable Notes Payable Interest Payable Common Stock Retained Earnings Home Dcor Restoration Services Safari Plan & Prep Services Sales Discounts Cost of Goods Sold Utilities Expense Office Supplies Expense Depreciation Expense Bad Debt Expense Rent Expense Interest Expense