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The following transactions occurred at the Dalsy King Ice Cream Company 1. Started business by issuing 10.000 shares of common stock for $32,000. 2. Leased

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The following transactions occurred at the Dalsy King Ice Cream Company 1. Started business by issuing 10.000 shares of common stock for $32,000. 2. Leased a building for three years at $620 per month and paid six months' rent in advance. 3. Purchased equipment for $6,600, signing a two-year, 10% note. 4. Purchased $3,000 of supplies on account. 5. Recorded cash sales of $2,000 for the first week. 6. Paid weekly salaries, $920. 7. Pald for supplies purchased in item (4). 8. Recorded depreciation on equipment, $80. Required: Prepare journal entries to record each of the transactions listed above. (If no entry is required for a transaction/event journal entry required" in the first account field.) quired: epare journal entries to record each of the transactions listed above. (If no entry is required for a tre Lirnal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Started business by issuing 10,000 shares of common stock for $32,000. Note: Enter debits before credits. Event General Journal Deblo Credit 1 Record entry Clear entry View general Journal

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