Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction.
1. Andrew Bird invested $35,000 cash in exchange for stock.
2. Hired an employee to be paid $400 per week, starting tomorrow.
3. Paid two years' rent in advance, $7,440.
4. Paid the worker's weekly wage.
5. Recorded revenue earned and received for the week, $1,900.

Question

Quizplus · Accepted Answer

The Answer of Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction.
1. Andrew Bird invested $35,000 cash in exchange for stock.
2. Hired an employee to be paid $400 per week, starting tomorrow.
3. Paid two years' rent in advance, $7,440.
4. Paid the worker's weekly wage.
5. Recorded revenue earned and received for the week, $1,900.

Journalize the Following Business Transactions in General Journal Form