Journalize the following business transactions in general journal form. Identify each transaction by number. You...
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Accounting
Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. 1. Kevin Diaz invested $40,000 cash in exchange for ordinary shares. 2. Hired an employee to be paid $400 per week, starting tomorrow. 3. Paid two years' rent in advance, $7,200. 4. Paid the worker's weekly salary. 5. Recorded revenue earned and received for the week, $1,500. What is the balance of cash account
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