2)

The following transactions occurred at the Daisy King Ice Cream Company.

1. Started business by issuing 10,000 shares of common stock for $21,000.
2. Leased a building for three years at $510 per month and paid six months' rent in advance.
3. Purchased equipment for $5,500, signing a two-year, 12% note.
4. Purchased $1,900 of supplies on account.
5. Recorded cash sales of $900 for the first week.
6. Paid weekly salaries, $370.
7. Paid for supplies purchased in item (4).
8. Recorded depreciation on equipment, $60

Prepare journal entries to record each of the transactions listed above.