Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transactions.
1. The owner Mai Li invests $40000 in cash in starting a real estate office operating as a sole proprietorship.
2. Purchased $500 of supplies on credit.
3. Purchased equipment for $9000 paying $4000 in cash and signed a 30-day $5000 note payable.
4. Real estate commissions billed to clients amount to $4000.
5. Paid $800 in cash for the current month's rent.
6. Paid $200 cash on account for supplies purchased in transaction 2.
7. Received a bill for $600 for advertising for the current month.
8. Paid $2500 cash for office salaries and wages.
9. Li withdrew $1800 from the business for living expenses.
10. Received a check for $2500 from a client in payment on account for commissions billed in transaction 4.

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The Answer of Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transactions.
1. The owner Mai Li invests $40000 in cash in starting a real estate office operating as a sole proprietorship.
2. Purchased $500 of supplies on credit.
3. Purchased equipment for $9000 paying $4000 in cash and signed a 30-day $5000 note payable.
4. Real estate commissions billed to clients amount to $4000.
5. Paid $800 in cash for the current month's rent.
6. Paid $200 cash on account for supplies purchased in transaction 2.
7. Received a bill for $600 for advertising for the current month.
8. Paid $2500 cash for office salaries and wages.
9. Li withdrew $1800 from the business for living expenses.
10. Received a check for $2500 from a client in payment on account for commissions billed in transaction 4.

Journalize the Following Business Transactions in General Journal Form