Journalize the following business transactions in the general journal form for Chosen Company. No. 1. Accounting Transactions Transactions Investors purchased 1,000 shares of common stock at $5/share from Chosen Company. 2. Purchased $3,000 of inventory on account. 3. Purchased equipment for $10,000, paying $3,000 in cash and the rest on account. 4. Paid $3,000 on account for inventory purchased from transaction 2.