Jan1 Agha Noor invested $10,00,000 in the business. Out of $10,00,000, $800,000 is cash and $200,000 is a cost of office equipment.

Jan 4 Purchased office furniture costing $40,000 on account. The market price is now $38,000.

Jan 9 Provided $100,000 of services to its customers and amount is due on Jan 20,2020.

Jan10 Purchased $8000 of office supplies on credit.

Jan15 Received $50,000 cash from customers for advertising

Jan 20 Withdrew $40,000 cash from the business.

Jan 20 Received cash from customers. (refer to Jan 9 transaction)

Jan 27 Paid employees' salaries, $30,000

Jan 29 Paid rent $10,000, insurance expense 500, Utilities $4000 for the month

Jan 30 Owner invested additional $10,000 cash in the business.