Fahed inherited a large sum of money and decided to open up his own business. He decided to open up a mechanic shop for fixing high end sports cars, naming his business Fahed Fixes Fast Cars.

The following transactions took place during the month of August, 2015:

August 1: Fahed invested 500,000 in a new business called Fahed Fixes Fast Cars.

August 2: Fahed transferred some mechanic tools worth 15,000 from his home to the business.

August 4: The business purchased repair equipment valued at 70,000 on account from Tools R Us

August 5: The business purchased mechanic tools for 25,000 in cash.

August 6: The business wrote check 101 for 6,000 for rent of the mechanic shop.

August 10: The business received its first customer and made a minor repair for a customers car for 5,000 in cash.

August 11: The business repaired a car for 14,000 on account for customer Kobe Bryant.

August 12: The business wrote check 102 in the amount of 10,000 as partial payment for the repair equipment purchased on August 4th from Tools R Us.

August 14: The business wrote check 103 in the amount of 4,800 for the insurance bill for the month.

August 15: The business repaired a customers car for 19,200 on account for customer Derek Jeter.

August 20: The business received a check in the amount of 8,500 as partial payment for the repairs previously made for customer Kobe Bryant on August 11th.

August 21: The business paid the employee salaries for $12,000 in cash.

August 22: Fahed withdrew $4,000 in cash for personal use.

August 23: The business repaired a customers car for $7,800 in cash.

August 24: The business received full payment for the repairs made for Derek Jeter on August 15th.

Include an additional 5 transactions of your own below:

August 25: The business received a check for the rest of the payment for the repairs previously provided on account.

August 27:

August 28

August 29:

August 31:

Fahed Fixes Fast Cars Chart of Accounts
101	Cash in Bank	201	A/P - Tool Time	401	Repair Revenue
102	A/R - Kobe Bryant	202	A/P - Tools R Us	501	Rent Expense
103	A/R - Derek Jeter	301	Fahed, Capital	502	Salary Expense
104	A/R - Tom Brady	302	Fahed, Drawings	503	Insurance Expense
105	Mechanic Tools			504	Utilities Expense
106	Repair Equipment
107	Office Supplies
108	Office Equipment

QUESTION : WRITE THE ADDITIONAL 5 TRANSACTIONS IN SENTENCES AS THE ONES ABOVE AND ONLY JOURNALIZE THE 5 TRANSACTIONS

PLEASE WRITE THEM IN WORDS(SENTENCES) AND THEN JOURNALIZE IT ONLY THE 5 ADDITIONAL ONES NOT ALL OF THEM