List three advantages of Just in Time purchasing Record following journal entries for various types of business transactions in form of Debits and Credits only (CLO1, PLO "a", "e") (NQF=Knowledge) Hamad rented an apartment for rent expenses of 20,000, Cash 6000$ was paid and remaining on account payable Hamad issued a $3,000 check to purchase a computer system Hamad has following transactions for his business Cash received, $32,000, Accounts Receivable, $2,000 Office Equipment purchased $12,000, Delivery Trucks hired for $60,000, Accounts Payable, $20,000, and Capital invested, $86,000