Question: Journalize the following accounting transactions in general journal form or T-account form. Identify each transaction by number. You may omit explanations.
1. Owners invested $45,000 in cash to start the corporation
2. Purchased $850 worth of supplies on account
3. Purchased land for $43,000 with $23,000 and a $20,000 mortgage payable
4. Paid $650 for advertising
5. Hired secretary
6. Paid $2, 400 for one-year insurance policy
7. Performed services for client worth $5, 200 and sent client a bill
8. Paid $1, 800 in salaries for the current period
9. Paid $3, 700 on the mortgage
10. Received $2, 600 due on account