I dont understand this two exercise.

7:02 PM a interbb.blackboard.com T-Mobile Required: Prepare a correct trial balance 2. Journalize the following business transactions in general journal form. Identify each transaction by num transaction. ber. You may omit explanations of the 1 Owner invested $60,000 in exchange for common stock of the corporation. 2. Hired an employee to be paid $400 per week starting tomorrow 3. 4. Paid two years' rent in advance, $7,200. Paid the worker's weekly wage. For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance Increase (+), Decrease (). Debit Credit 1. Salaries and Wages Expense 2. Accounts Receivable 3. Service Revenue 4. Dividends 5. Retained Earnings. 4. Presented here are five economic events. For each item, indicate whether the event increased () decreased (). or 7:02 PM a interbb.blackboard.com T-Mobile Required: Prepare a correct trial balance 2. Journalize the following business transactions in general journal form. Identify each transaction by num transaction. ber. You may omit explanations of the 1 Owner invested $60,000 in exchange for common stock of the corporation. 2. Hired an employee to be paid $400 per week starting tomorrow 3. 4. Paid two years' rent in advance, $7,200. Paid the worker's weekly wage. For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance Increase (+), Decrease (). Debit Credit 1. Salaries and Wages Expense 2. Accounts Receivable 3. Service Revenue 4. Dividends 5. Retained Earnings. 4. Presented here are five economic events. For each item, indicate whether the event increased () decreased (). or