1. ABC Co. organized as a proprietorship on January 1, 2019 and engaged in the following transactions during its first year of operation: Jan 1: The owner invested SR 1,000,000 cash to start the company Jan 31: The company purchased a piece of machinery on credit for SR 10,000. Feb1: It purchased a truck by paying SR 50,000 and borrowing the remaining SR 25,000 required to complete the transaction. Feb 3: The company had cash revenue of SR 100,000 Feb 16: Purchased a land for SR 150,000 on account. Feb 25: Sold the land after one month for SR 150,000. Feb28: Borrowed SR 150,000 from a local bank. Mar 6: Received an electricity expense invoice of SR 10,000 to be paid on April 15. Mar 17: Paid SR 50,000 salaries for its employees in cash. Apr 5: Paid a liability of SR 32,000. Apr 8: The owner withdrew SR 40,000 cash. Apr 15: paid the electricity expense invoice received on March 6. Apr 20: Provided services for its clients for SR 320,000 on account. Apr 22: Incurred 5,400 of advertising costs on account. May 7: Collected an account receivable of SR 120,000 May 30: Purchased a computer on credit for SR 6,000. June 25: Paid office rent in advance of SR 15,000 in cash, for the 6 months starting from July 1 till December 31, 2019. July 1: Purchased some supplies to be used during the rest of the year for SR 1,000 on account. July 25: Paid Dividends for the owner totaling SR 20,000. Aug 1: Paid the advertising expenses incurred on April 22. Oct 6: Received $30,000 for services to be performed during December 2019. a. Record each of these transactions (journalize). (5 pts) b. Post the entries recorded. (2pts) c. Prepare a Trial balance at the end of December, 2019. (1pt)