BE 160 Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. 1. Andrew Bird invested $35,000 cash in exchange for stock. 2. Hired an employee to be paid $400 per week, starting tomorrow. 3. Paid two years' rent in advance, $7,440. 4. Paid the worker's weekly wage. 5. Recorded revenue earned and received for the week, $1,900. 82.Adjusting entries are a. not necessary if the accounting system is operating properly. b. usually required before financial statements are prepared. c. made whenever management desires to change an account balance. d. made to balance sheet accounts only