[islamic Acc]

The following transactions took place during the month of June at Mashreq Company. Prepare the journal entries for the month of June.

Transaction No. Date Transaction Detail 1. June 5 Purchased equipment on account for $9,000. 2. June 6 Received $5,000 for services rendered on account. 3. June 8 Paid cash $2,000 to a supplier to settle an account. 4. June 10 Purchased office supplies worth of $1,500 on account. 5. June 14 Paid $1,000 advertising expenses in cash. 6. June 17 Received $2,000 advance payment for services to be rendered in September. 7. June 19 Paid $3,000 rent expenses in cash. 8. June 20 Invoiced a customer $2,000 for a services rendered but not collected during June. 9. June 25 Paid cash $500 advertising expenses for an ad that will run in July. 10. June 30 Cash dividends of $1,500 were paid to stockholders. a a