The following transactions occurred at the Daisy King Ice Cream Company. 1. Started business by issuing 10,000 shares of common stock for $25,000. 2. Leased a building for three years at $550 per month and paid six months' rent in advance. 3. Purchased equipment for $5,900, signing a two-year, 10% note. 4. Purchased $2,300 of supplies on account. 5. Recorded cash sales of $1,300 for the first week. 6. Paid weekly salaries, $570. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $60. Required: Prepare journal entries to record each of the transactions listed above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required: Prepare journal entries to record each of the transactions listed above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)