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Business Transaction for (Sugar Confectionary) for Month June 2020. June 1: Invested 100,000 Dhs cash in his new business. June 2: Purchase equipment for 20,000

Business Transaction for (Sugar Confectionary) for Month June 2020.

June 1: Invested 100,000 Dhs cash in his new business.

June 2: Purchase equipment for 20,000 Dhs by cash used in making sweets.

June4: Purchase supplies on account, 1500 Dhs.

June6: Paid rent expenses for the month 3200 Dhs.

June 7: Received 1500 Dhs from a customer for performing catering services

June8: Paid DEWA Bill by cash for 1200 Dhs.

June 9: Paid 350 Dhs for advertising in next months for AD magazine.

June 10: Purchase raw material (flour, egg, milk) from a local supplier and paid by cash 7350 Dhs.

June 11: Purchase a coffee machine on account for 2700 Dhs.

June 12: Paid salaries expenses for the employees for 5000 Dhs by cash.

June 13: Withdraw cash for personal use 780 Dhs.

June 17: Perform a catering service for a birthday party and billed the customer for 7000 Dhs.

June 18: Receives 7000 Dhs by cash from the customer for the catering service rendered.

June 19: Paid telephone bill cash, 350 Dhs,

June 21: Purchased a motorcycle used for delivery for 3200 Dhs.

June 22: Paid insurance for the next month by cash 1300 Dhs.

June 24: Paid by cash 300 Dhs for the supplies bought on June 4

June 25: Hire a new accountant to help in preparing the financial reports

June 27: Purchase supplies (furniture and fitting) for the restaurant on account, 3700 Dhs.

June 30: Paid by cash for fruits and chocolate used in making sweets.

Prepare the assets and liabilities and owner equity tabular analysis.

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