Transactions for Joan Jett Company for the month of October are presented below. Journalize each transaction and identify each transaction by number. You may omit journal explanations. 1. Invested $42,000 cash in the business. 2. Purchased land costing $28,000 for cash. 3. Purchased equipment costing $18,000 for $4,000 cash and the remainder on credit. 4. Purchased supplies on account for $800. 5. Paid $1,200 for a one-year insurance policy. 6. Received $3,500 cash for services performed. 7. Received $4,000 for services previously performed on account. 8. Paid wages to employees for $2,800. 9. Petty withdrew $2,300 cash from the business. General Journal J1 Date Account Titles and Explanation Ref. Debit Credit