C Case 1.doc New Tab rashed G Sign in - Google AC im 0000001 Univsity of Dubai Moodle Learning Platform 3 Question 2. (12 Marks) not yet Case 2 (10 Marks) arked our Book Problem. On October 2020 Hamza Selim launched a computer services company called Gulf Solutions which provides consulting services and custom program developments. The Company's trial balance in October disclosed the following: - Flag Debit Credit Cash Accounts receivable Revenue 69,000 10,000 20,000 Capital Withdrawals 60,000 1,000 Total 80,000 80,000 During the month of November the Company completed the following transactions: Required: a) 8 Marks) Prepare journal entries to record the transactions for November below. b) (1 mark) Post the entries to the general ledger (Hint Post the amounts from the trial balance above and then the transactions from your journal entries) Mark Prepare a trial balance for November 1. The company paid AED 2,320 cash for a one year's property and liability insurance. Type here to search O - M Gmail YouTube Maps My Account - Unive How To Write a Go In Class Case 1.doc New Tab rashed G Sign in - Google Ac. ibm University of Dubai Moodle Learning Platform 4 0000001310 Required: a) (8 Marks) Prepare journal entries to record the transactions for November below. b) (1 mark) Post the entries to the general ledger, (Hint Post the amounts from the trial balance above and then the transactions from your journal entries) C) (1 mark) Prepare a trial balance for November 1. The Company paid AED 2,320 cash for a one year's property and liability insurance 2. The company purchased AED 1,500 of computer supplies on account on credit from Salama Office Products. Made a down payment of AED 550. 3. The company paid taxes AED 3,500. 4. The company provided services to Corplease Leasing on credit and issued an invoice for AED 148,000 Type here to search IT e G C Apps M Gmail DYouTube Shplattempt 98098cmid=56863&page=3 My Account Unive How To Write a Go 9 Maps In Class Case 1.doc University of Dubai Moodle Learning Platform Nestab Sign in Google 4. The company provided services to Corplease Leasing on credit and issued an invoice for AED 148,000. A C 0001310 R 5. The company paid AED 900 as partial payment of entry 2 above to Salama Office Products 6. Collected 70% from Corplease leasing see entry 4. 7. H. Selim invested AED 45,000 cash, a computer system with a value of AED 20,000 and Office equipment with a value of AED 5,000 in the company. 8. Wages accrued not yet paid to the secretary amounted to AED 2,500 Type here to search I 2 O 8. Wages accrued not yet paid to the secretary amounted to AED 2,500 General Ledger Cash Accounts Prepaid Computer Office Supplies Accounts Wages Receivable Insurance System Equip payable Payable Capital Revenue Tax Expense Trial Balance e here to search