Journalize the business transactions

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

1. Barry Cain invested $38,000 cash to start an appliance repair business.

2. Hired an employee to be paid $500 per week, starting tomorrow.

3. Paid two years' rent in advance, $10,800.

4. Paid the worker's weekly wage.

5. Recorded revenue earned and received for the week, $2,900.

Reference no: EM132923092

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