The following transactions took place at Calhoun Counseling Services, a business established by Ronald Calhoun.1.Ronald Calhoun invested $51,000 cash in the business 2.Purchased office furniture for $15,100 in cash 3.Bought a fax machine for $860; payment is due in 30 days 4.Purchased a used car for the business for $15,100 in cash 5.Calhoun invested an additional $11,900 in the business 6.Bought a new computer for $2,100; payment is due in 60 days 7.Paid $860 to settle the amount owed on the fax machine 8.Calhoun with drew $3,100 in cash for personal expenses. Create a t account to post the transactions.