1, Journalize the following business transactions.
(a) Alberto Rivera invests 9000 cash in the business in exchange for ordinary shares.
(b) Insurance of 800is paid for the year.
(c) Supplies of 2000 are purchased on account.
(d) cash of 7500 is received for service rendered.
(a) Date: [Date]
Alberto Rivera's Capital Account $9,000
Cash $9,000
(b) Date: [Date]
Insurance Expense Account $800
Cash $800
(c) Date: [Date]
Supplies Account $2,000
Accounts Payable $2,000
(d) Date: [Date]
Cash $7,500
Service Revenue Account $7,500