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Journalize business transactions in general journal form

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Reference no: EM132015897

Question - Journalize the following business transactions in general journal form. Identify each transaction by reference number. Omit explanations of the transaction.

1. John B. Good invested $35,000 cash to start an appliance repair business.

2. Hired an employee (Wilson Smith) to be paid $400 per week, starting tomorrow.

3. Paid two years' rent in advance, $7,440

4. Paid the Wilson's weekly wage.

5. Recorded revenue earned and received for the week, $1900.

Reference no: EM132015897

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