12 TB Ex Qu. 2-207 Record the following... Return to question Record the following transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) (a) Started business by issuing 10,000 shares of common stock for $26,000 (b) Hired Rebecca as an administrative assistant, promising to pay her $2,100 every two weeks. (c) Rented a building for three years at $580 per month and paid six months' rent in advance. (d) Purchased equipment for $5,800 cash. (e) Purchased $2,100 of supplies on account. (f) Provided services to customers for $7,900 cash. (g) Paid employees' salaries, $5,900. (h) Paid for supplies purchased in item (e). (i) Paid $830 for current advertising in a local newspaper. (j) Paid utility bill of $1,700 for the current month. No 1 2 3 Transaction a Cash Common Stock b Cash Prepaid Rent Answer is not complete. General Journal Debit Credit 26,000 26,000 0 Equipment Notes Payable Supplies Accounts Payable Cash Sales Revenue 4 d 5 00 00 00 00 12 1 No Transaction a 2 3 4 5 6 b Cash Common Stock Prepaid Rent Cash C Equipment Notes Payable d Supplies Accounts Payable e f Cash Sales Revenue Salaries Expense Cash 7 9 8 h 9 1 10 Accounts Payable Return to question Answer is not complete. General Journal Debit Credit 26,000 26,000 Cash Repairs and Maintenance Expense Equipment Cash Cash x 00 00 *