Chapter 2 Quiz 2 (a) Started business by issuing 10,000 shares of common stock for $23,000 (b) Hired Rebecca as an administrative assistant, promising to pay her $2,100 every two weeks. (c) Rented a building for three years at $550 per month and paid six months' rent in advance. (d) Purchased equipment for $5,500 cash. (e) Purchased $1,900 of supplies on account i) Provided services to customers for $7,300 cash. (g) Paid employees' salaries. $5.700. (h) Paid for supplies purchased in item (e). 00 Paid $870 for current advertising in a local newspaper Paid utility bill of $1,400 for the current month. 00:42:30 View transaction list Journal entry worksheet H: Mc Graw Hill