Do the entries according to the following transactions. 1.On October 5 the company paid $2,500 for advertising supplies. 2.An inventory on October 31 reveals that $1,000 of above supplies remain on hand;to record advertising supplies consumed. 3.On October 1 the company purchased $600 for a 1-year insurance policy. Coverage began October 1. 4.Received on Oct. 2 $1,200 for advertising services expected to be completed by Dec 31. 5. On July 26, pays employees four weeks’wages, $4,800. 6. Earned $2000 for advertising services to clients in October, but they were not billed until after October 31st. 7. Sierra issued a 3-month, 12%, $5,000 Note Payable to Castle Bank. 8. Sierra received $10,000 in cash from Copa Co. for advertising services performed 9. Owner invested $80,000 Cash in business in exchange for $10,000 of Sierra Corporation Common Stock 10. Services Rendered, these were performed “on account”,when $10,000 is collected from customer.