Terry Terminatorownshis own termite extermination company, Terrys Extermination Services Companyand completes the following transactions in July:7/1Terryinvests $12,000 into the business.7/3Purchased $1,900 of equipment on account. 7/4Paid $370 premium for a two-year insurance policy.7/7Purchased office supplies for cash, $300.7/9Purchased a new computer for $7,500. Paid $1,500 cash agreed to pay the remainderin 30 days.7/10Billed Fiona Flyswatter $40 for sprayingservices that were performed.7/14Paid for the equipment purchased on July3rd.7/25Received $35 cash fromBert Beattleby forservices performed.7/30The Companypays a$500 dividend.Instructions:Prepare the journal entries to record these transactions.