uestion 4 of 10 ournalize the following business transactions in general journal form. Identify each transaction by number. 1. 2. 3. 4. 5. Andrew Bird invested $35,000 cash in exchange for stock. Hired an employee to be paid $400 per week, starting tomorrow. Paid two years' rent in advance. $7,440. Paid the worker's weekly wage. Recorded revenue earned and received for the week, $1,900. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" r the account titles and enter o for the amounts.) No. Account Titles and Explanation 1. Debit I -/2 E 1 Credit
uestion 4 of 10 ournalize the following business transactions in general journal form. Identify each transaction by number. 1. 2. 3. 4. 5. Andrew Bird invested $35,000 cash in exchange for stock. Hired an employee to be paid $400 per week, starting tomorrow. Paid two years' rent in advance. $7,440. Paid the worker's weekly wage. Recorded revenue earned and received for the week, $1,900. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" r the account titles and enter o for the amounts.) No. Account Titles and Explanation 1. Debit I -/2 E 1 Credit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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4.
Subject :- Accooumting

Transcribed Image Text:uestion 4 of 10
ournalize the following business transactions in general journal form. Identify each transaction by number.
Andrew Bird invested $35,000 cash in exchange for stock.
Hired an employee to be paid $400 per week, starting tomorrow.
Paid two years' rent in advance. $7,440.
Paid the worker's weekly wage.
Recorded revenue earned and received for the week, $1,900.
1.
2.
3.
4.
5.
Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"
r the account titles and enter o for the amounts.)
No. Account Titles and Explanation
1.
Debit
I
-/2 E 1
Credit
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