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5. Record the following transactions, If an entry is not required, state No Entry. (a) Started business by issuing 10,000 shares of common stock for

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5. Record the following transactions, If an entry is not required, state "No Entry." (a) Started business by issuing 10,000 shares of common stock for $20,000. (b) Hired Rebecca as an administrative assistant, promising to pay her $2,000 every two week. (c) Rented a building for three years at $500 per month and paid six month's rent in advance. (d) Purchased equipment for $5,400 cash. (e) Purchased $1,800 of supplies on account. (f) Provided services to customers for $7,800 cash. (g) Paid employee salaries, $5,200. (h) Paid for supplies purchased in item (e). (i) Paid $800 for cyment advertising in a local newspaper. (j) Paid utility bill of $1,300 for the current month. 6. A company incurs employee salaries of $4,200 but does not pay them. Record the transaction

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