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.