General ledger

11. On 1-10-2018 "Cup of Joe" bought 550 cups for 5 SAR each, and got y of that quantities 5.1,5.2,5.3 of wooden stick for 0.50 SAR each. The business paid on cash 12. On 10-10-2018, "Cup of Joe" got 9,800 SAR as a revenue for selling coffee, and snakes at a bride event that was located in Dhahran 3. On 12-10-2018, "Cup of Joe" paid 10,000 SAR to the bank to cover part of its Loan 4. On 15-10-2018, Mr. Ali bought products from the coffee shop which costs 230 SAR. He paid 25% of the total cost and will pay the rest next month 5. On 20-10-2018, the business bought a car on cash for home delivery at 10,000$. The car has 4 years useful life, and the salvage value is 2000$. The business uses a straight line method to calculate the depreciation.( record the depreciation transaction) 6. On 25-10-2018, Mr. Ahmad bought a sandwich and a cup of coffee for 55 SAR, but will pay within 3 days 17. On 27-10-2018, "Cup of Joe" paid the following expenses: phone bills for 500 SAR, salaries expense for 5000 SAR, and maintenance for 600 SAR 8. On 28-10-2018, Mr. Ahmad paid the "Cup of Joe" for the sandwich he got on 25-10-2016 9. On 30-10-2018, the business hired 3 employees Saudis and Foreigners for a monthly salary of 3000 SAR each 1.1 10. On 1-11-2018, "Cup of Joe" got a loan from Samba bank 450,000 SAR, 4% simple interest for 5 years. The payment will be paid monthly 11. On 2-11-2018, "Cup of Joe" bought coffee and sugar from "Al Tamimi" Super Market for 15,000 SAR and the coffee shop will pay in the future. If the coffee shop pays with 7 days, it will receive a 5% discount. 12. On 10-11-2018, the business purchased a new coffee machine for 14,000 SAR from "Saco". "Saco" agreed to receive 20% of that price today and the rest in the near future 13. On 20-12-2018, Cup of Joe paid 4500 SAR as a car insurance for 1 year 14. Cup of coffee costs the business 5 SAR, and the markup is 20%. On 25-12- 2018, Cup of Joe sold 50 cups of coffee on cash 15. On 27-12-2018 Cup of Joe paid 10.000 SAR to cover the loan the company got on 1-11-2018and the paid the interest expenses as well 16. On 28-12-2018, Cup of Joe got contract to run New Year Eve at Lincoln College. Cup of Joe received 120.000 SAR before the event. 17. On 31-12-2018, the accounts receivable book showed 1450 SAR has not received from the debtors. The company policy is closing the accounts on 31-12- 2018