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Journalize the following business transactions. 1. Barry Cain invested $38,000 cash to start an appliance repair business. 2. Hired an employee to be paid $500

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Journalize the following business transactions. 1. Barry Cain invested $38,000 cash to start an appliance repair business. 2. Hired an employee to be paid $500 per week, starting tomorrow. 3. Paid two years' rent in advance, $10,800. 4. Paid the worker's weekly wage. 5. Recorded revenue earned and received for the week, $2,900

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