Exercise 1. Transactions for the Eastman Company for the month of September 2019 are presented below. Instructions: Journalize each transaction and identify each transaction by number. (You may omit journal explanations.) 1. Stockholders invested an additional $40,000 cash in the business. 2. Purchased land costing $18,000 for cash. 3. Purchased equipment costing $45,000 for $4,500 cash and the remainder on credit. 4. Purchased supplies on account for $800. 5. Paid $3,000 for a one-year insurance policy. 6. Received $2,000 cash for services performed. 7. Received $5,000 for services previously performed on account. 8. Paid wages to employees for $2,500. 9. Paid dividends to stockholders of $400