You and your friend Jim decide to start a pet sitting business in the form of a corporation. Record the following transactions in the appropriate t-account. Be sure to reference your entries. a. On January 1 you each contribute $1,000 in exchange for 200 shares (each) of $1.00 par value common stock. b. The company borrows another $500 at 6% from a bank. Interest is calculated based on a 360 day year c. The company purchases $600 of supplies on account d. The company performs pet sitting services for $300 cash e, The company performs pet sitting services for $400. The customer agrees to pay later f. A customer prepays $500 for the next 3 months of services. The services will start next month. g- The company hired an employee to help. He received $50 for wages. h. The company used $100 of supplies in performing its services The customer in e. pays $200 of the amount owed. The company paid $250 of the amount owed in c. above. k. The company bought back $500 of common stock.