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1. The company issues ordinary shares in exchange for $90,000 cash. 2. Purchased three photocopy machines for $200,000 paying $50,000 cash and signing a 5-year,

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1. The company issues ordinary shares in exchange for $90,000 cash. 2. Purchased three photocopy machines for $200,000 paying $50,000 cash and signing a 5-year, 10% note payable for the remainder. 3. Purchased $5,000 supplies on credit 4. Purchased computer for $5,000 cash. 5. Cash photocopy revenue amounted to $24,000. 6. Paid $1000 cash as rent expenses 7. Received Radio Advertising bill for $3500 Paid $2500 cash 8. Paid $800 on account for supplies purchased in transaction 3. 9. Paid $800 cash for stationary expenses 10. The company paid dividends of $1,500. 11. Paid the following expenses: $1,200 cash for fuel expenses, $1,000 as utility expenses for current month 12. Paid $1.000 cash for the billed of radio advertising 13. Received $2,000 cash advance from a customer for future copying 14. Billed a customer for $4500 for photocopy work done. 15. Received $10,000 cash as photocopy revenue. 16. Purchased $8,000 supplies cash. 17. Paid $3,000 cash as maintenance expenses 18. Received $25,000 cash as photocopy revenue and $45,000 on account 19. Paid $7,000 cash as wages and salaries expenses 20. Paid $3,000 cash for the next 2-month rent. Requiered: 1- Journalize the above transactions 2- Ledger all the accounts 3- Prepare the trail balance for the above period befor Adjusting

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