The Frozone Shopper opened its doors for business on September 1, 2021. The following transactions occurred during the first year of operations. Prepare the required journal entries to reflect the above transactions. No explanations are required. If an entry is not needed indicate this and provide a reason why. \begin{tabular}{|l|l|l|} \hline 1 & Sept 1/21 & Received $5,000 cash in exchange for shares. \\ \hline 2 & Sept 1/21 & Purchased $4,800 of insurance for the period of Sept. 1,2021 \\ \hline 3 & Sept 1/21 & Purchased equipment for $10,000 cash. The equipment has a \\ \hline 4 & Sept 1/21 & Paid $1,000 to run a TV advertisement this month \\ \hline 5 & Sept 15/21 & Received $2,500 from a College group as a deposit for a \\ \hline 6 & Sept 15/21 & Discussed providing College clothing to the Hill School of \\ \hline 7 & Sept 15/21 & Pusiness student group. \\ \hline 8 & Sept 15/21 & Sold goods totally $10,000 for the month; received $5,000 in \\ \hline 9 & Sept 15/21 & Dash and the rest is due from customers. \\ \hline 11 & Sept 30/21 & Paid $5,000 cash for renting the space on campus next month \\ \hline \end{tabular}