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1. Journalize the following business transactions in general journal form. 1. Purchased 18-month insurance policy for 15,000 cash. 2. Paid $5000 weekly payroll. 3. Recevied

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1. Journalize the following business transactions in general journal form. 1. Purchased 18-month insurance policy for 15,000 cash. 2. Paid $5000 weekly payroll. 3. Recevied $500 from customers for services to be provided next month. 4. Received $1000 utility bill to be paid at later date. 5. Collected $2,600 on customer accounts. Enter your

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