prepare the journal entry for each of the following hypothetical transactions. Assume that all transactions include either a debit or a credit to Cash.

1. Fuel is purchased for $10,000.

2. A passenger purchases a ticket for $2,000.

3. Salaries and wages of $4,000 are paid.

4. A passenger pays $50 for pictures in the photo gallery.

5. A travel agent is paid $700 in commissions.