#1 (25 points) Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transactions. 1. Stockholders invest $200,000 cash to start a real estate business operating as 1 corporation. 2. Purchased $1,500 of supplies on account from Staples. Purchased equipment for $30,000, paying $3,300 in cash and signed a one ye note payable for the remaining balance. Real estate commissions billed to a client amounted to $14,000. 5. Paid $2,700 in cash for the current month's rent. Paid $750 cash on account for office supplies purchased in transaction 2 abc Received a bill for $800 for advertising for the current month, payable on thi of next month. 8. Paid $2,500 for office salaries. Paid $1,200 cash dividends to stockholders. 10. Received a check for $7,000 from a client in partial payment on acce commissions billed in transaction 4 above. Cred Debit 500 2. Supplies cash