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0 Required information PB3.4 (Algo) Analyzing, Journalizing, and Interpreting Business Activities (LO 3-3, LO 3.5) The following information applies to the questions displayed below.) The following items present a sample of business activities involving Dry Cleaner Corporation (DCC) for the year ended December 31. DCC provides cleaning services for individual customers and for employees of several large companies in the city December 1DCC's owner paid $16,000 cash to acquire 320 ot bee's common shares. Deceber Dec ordered cleaning supplies at a total cost of $1,840. The supplies are expected to be received in early January December 17 Customers paid $235 cash to DCC to obtain DCC gift cards that they could use to obtain future cleaning services at no additional cost. December 21CC ran advertising in the local newspaper today at a total cost of $570. DOC is not required to pay for the advertising until January 21. December 2200 paid $1,550 to the landlord for January rent. December 23DOC One sold 10 of his own DCC common shares to a private inves ata selling price of 5600 December 200CC paid in full for the advertising run in the local newspaper on December 23 December 29 The cleaning supplies ordered on December 7 were received today. DCC does not have to pay for these supplies until January 29, December 31 today, DCC completed cleaning services for several large companies at a total price of $2,650. The companies are expected to pay for the services by January 31. PB3.4 (Algo) Part 2 2. Prepare Journal entries to record each item. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction Illat 2. Prepare journal entries to record each item, (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the payment of $16,000 cash to acquire 320 DCC shares directly from DCC Note: Enter debits before credits General Journal Debit Date December 01 Credit Racord entry Clear entry View general Journal