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42. Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. (Worth 10 points)
42. Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. (Worth 10 points) 1. An individual invested $25,000 cash in exchange for shares of stock. 2. Hired an employee to be paid $600 per week, starting tomorrow. 3. Bought office supplies for $4,600, paying $2,000 in cash with the rest on account. 4. Paid office rent for the month, $750. 5. Recorded revenue earned on account for the week, 54,500
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