Question: need help with this two questions. Using the steps outlined in the five-step transaction analysis, record the following transactions in the general journal for Renick

Using the steps outlined in the five-step transaction analysis, record the following transactions in the general journal for Renick Plumbing, Inc. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) (Click the icon to view the transactions.) Mar 1: Paid interest expense, $500. Mae Construction, Inc., completed the following transactions during October 2018, its first month of operations: (1) (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record transactions in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any joumal entries.) Oct 2: Sold $50,000 of common stock to Decklon Mae to start the construction business
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