Ryan Terlecki organized a new Internet company, CapUniverse, Incorporated. The company specializes in baseball-type caps with logos printed on them. Ryan, who is never without a cap, believes that his target market is college and high school students. You have been hired to record the transactions occurring in the first month of operations. a. Issued 2,000 shares of $0.01 par value common stock to investors for cash at $20 per share. b. Borrowed $60,000 from the bank to provide additional funding to begin operations; the note is due in two years. c. Paid $3,000 cash for rent of a warehouse: $1,500 for the current month's rent and another $1,500 for next month's rent. d. Paid $2,400 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense). e. Purchased furniture and fixtures for the warehouse for $15,000, paying $3,000 cash and the rest on account. The amount is due within 30 days. f. Purchased for $2,800 cash Indiana University, University of Washington, Notre Dame, The University of Texas at Austin, The Ohio State University, and Michigan State University baseball caps as inventory to sell online. g. Placed advertisements on Google for a total of $350 cash; the ads were run immediately. h. Sold caps totaling $1,700, half of which was charged on account. i. The cost of the caps sold in (h) was $900. j. Made full payment for the furniture and fixtures purchased on account in (e). k. Received $210 from a customer on account. Required: Prepare journal entries for each transaction. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Issued 2,000 shares of $0.01 par value common stock to investors for cash at $20 per share. Note: Enter debits before credits