O'Brien Construction had the following business activities: 1. Stockholders invest $33,000 cash in the corporation. 2. O'Brien purchased $960 of office supplies on credit. 3. O'Brien purchased office equipment for $14,000, paying $7,500 in cash and signing a 30-day note payable for the remainder. 4. O'Brien paid $480 cash on account for office supplies purchased in transaction 2. 5. O'Brien purchased two acres of land for $19,000, signing a 2-year note payable. 6. O'Brien sold one acre of land at one-half of the total cost of the two acres, receiving the full amount or $9,500 in cash. 7. O'Brien made a payment of $9,500 on its 2-year note. Required: Prepare journal entries for the above transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the entry for the purchase of supplies on credit for $960. Note: Enter debits before credits. General Journal Debit Credit Transaction 2 Record entry Clear entry View general journal Journal entry worksheet Record the entry for the purchase two acres of land for $19,000, signing a 2- year note payable. Note: Enter debits before credits. Transaction General Journal Debit Credit 5 Record entry Clear entry View general Journal Journal entry worksheet