Almarai Week 5 Question During September, ALMARAI-an Arabian dairy manufacturing company 03/10/2018 has the following transactions SEP1 Shareholders contributed SR450,000 cash to the business in exchange for Common Stock. Purchased office supplies, SR30,000 and furniture, SR10,000, on account. 10 Purchased a Truck from Mercedes Company to be used in operations for SR 75,000, paid SR25,000 and promise to pay the remaining in 10 days. 11 Performed services for a customer and received its promise to pay the SR10,500 in 5 days 13 Sale revenue SR30,000 cash resulted from selling Diary products for a customer 15 Paid cash employees' salaries SR2,500, office rent SR1,500 and utilities SR750. 16 Received SR 10,500 cash from customer for the service provided. 20 Paid the account payable Mercedes Company the remaining amount in SEP 10, cash. 25 Paid SR40,000 cash for the Office supply and furniture purchased on SEP 4 on account. 30 Paid cash dividends of SR 50,000 Required 1. Record the above business transactions in Journal entry? 2. Open One T-account and post to Cash account ONLY, then compute its adjusted balance as on SEP 30,2018