On January 1, you started a tutoring business called Brain Worx and charge $30 an hour for tutoring. The following are your transactions for 2017. a. On January 1, you purchased a computer from Apple Inc. for $1,500 cash. You estimate that your computer will last three years. After that time, you will give the computer to your sister as a gift. b. On February 1, you paid $1,200 cash for one-year of insurance coverage. c. On March 1, you purchased supplies including paper, pens, and notebooks for $650 cash at Staples Canada Inc. At the end of the year, you had $230 of supplies left. d. On November 1, Charlotte, a student, pays cash for eight hours of tutoring per month, for November 2017, December 2017, and January 2018. e. You tutor George four hours in December. However, George was away for Christmas and has promised to pay you January 2018. f. On January 2, 2018, Telus Communications sends your December business cell phone bill for $65. The bill is due January 15, 2018. Required 1.For transactions (a) to (d), record the initial journal entry during the year . 2.For transactions (a) to (f), record the adjusting entries on December 31, 2017.