e 02016 Help/ End User License Exercise #2 Journalize the following business transactions in general journal form.*Use the # as the date 2 1. Kevin Diaz invested $50,000 cash in exchange for stock. 2. Received $1,000 up front fora job to be completed at a future date. 3. Paid two years' rent in advance, $7,200. 4. Bought a truck used for business costing $10,000 with a loan from a bank. 5. Paid our utilities of $230. 6. Performed a job for $1,500 and collected the whole balance. 7. Performed a $1,000 job but only collected $750. 8. Bought $500 worth of supplies on account. 9. Made a payment of $350 towards the loan we have from the bank. $300 went towards principal and $50 went towards interest. Date DR Accounts 50 000 Cosh 1 Stock