Journalize the transactions in the general journal. (Record debits first, then credits. Seloct the explanation on the last line of the journal entry table.) Oct. 1: Alice Patel invested $70,000 cash and $4,000 of equipment into her new business. Journalize the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry tab Oct. 1: Alice Patel invested $70,000 cash and $4,000 of equipment into her new business