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Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. 1. Barry Cain invested
Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction.
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 workers weekly wage.
5. Recorded revenue earned and received for the week, $2,900.
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