2. Journalize the above transactions.

- Presented below is information related to Lena Fohn, a licensed accountant. During the first month of operations of her business, Lena Fohn, AG, the following events and transactions occurred: 1. 1st May, Shareholders invested 20,000 SAR, cash in exchange for ordinary shares. 2. 2nd May, Hired a secretary-receptionist at a salary of 2,000 SAR per month. 3. 3rd May, Purchased 1,500 SAR of supplies on account from Hartigs Supply Company. 4. 7th May, Paid office rent of 99 SAR cash for the month. 5. 17th May, Received cash of 1,200 SAR for services performed for Lucille Co. 6. 31st May, Paid Secretary-receptionist 2,000 SAR salary for the month in cash. 7. 31th May, Paid dividend 3,000 SAR cash