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Assume you are an auditor for Al Rajhi Bank. Your task is to prepare a ledger for the month of November 2023, recording all transactions
Assume you are an auditor for Al Rajhi Bank. Your task is to prepare a ledger for the month of November 2023, recording all transactions related to accounts payable, accounts receivable, and general expenses. Utilize the following transaction data:
- November 1: Received invoice from supplier for SAR 100,000, due in 30 days.
- November 5: Billed customer for services provided, SAR 45,000.
- November 10: Paid utility bill, SAR 22,000.
- November 15: Received payment from customer, SAR 40,000.
- November 20: Purchased office supplies on credit, SAR 20,000.
- November 25: Paid salary expenses, SAR 28,000.
Ensure proper classification and organization of accounts, including dates, descriptions, and amounts.
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