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ACC112 Chapter 2: Ex8: Selected transactions for Noor Company for the month of October (the first month of operations) are presented below. Journalize each transaction and identify each transaction by number. 1- Invested $40,000 cash and $10,000 Equipment in the busines. 2- Purchased equipment costing $12,000 for $3,000 cash and the remainder on credit. 3- Purchased office supplies for $500 cash. 4- Paid $1,000 for a one-year insurance policy. 5- Received $3,000 cash for services performed. 6- Received $4,000 for services previously performed on account. 7- Paid wages to employees for $2,500. 8- Noor withdrew $1,000 cash from the business. ACC112 Financial Accounting II Ex10: Prepare the general journal to record the following transactions during July 2018: 1 July The owner establishes the business by investing in 250,000 Cash and 400,000 for the equipment. - 7July The Company purchased supplies for $ 70,000; half cash and half on account. 15JulyThe Company provided service for a customer and earned $12000to be collected after one month. 21 July The Company paid rent S8,000 cash. - 28 July The owner withdrew $ 3, 000 from supplies for his personal use