O Section Chout a click to find commands D PO ? Home Page Layout Beerens e r View liberation Sam 11AAQEEDA 91 Famat BIU.AXX ABAAEE E A ABC ABABC ABC AA Namal Heading Madina Man New Emirates College of Technology 11.08.2011 AGJ. Lesson ODOL Assignment #1 Question 2: (Total 5 marks: each transaction 0.5 mark) Selected transactions for Mr. Ibrahim, civil engineer, in his first month of business are as follows 2 Jan Invested $100.000 cash in the business Purchased two service vehicles for cash at a cost of $24,000 each Billed customers 56.800 for services performed. Purchased equipment for $50,000. Paid $10.000 cash, signed $40,000 note payable Paid $1.200 for a one-year insurance policy Purchased $5.000 office supplies (an asset) on credit Paid S350 cash for advertising Received 55000 cash from customers billed on January 3 Paid for the office supplies on January 11 Withdrew $2,300 cash from the business. 11 20 29 29 Type here to search O Section Chout a click to find commands D PO ? Home Page Layout Beerens e r View liberation Sam 11AAQEEDA 91 Famat BIU.AXX ABAAEE E A ABC ABABC ABC AA Namal Heading Madina Man New Emirates College of Technology 11.08.2011 AGJ. Lesson ODOL Assignment #1 Question 2: (Total 5 marks: each transaction 0.5 mark) Selected transactions for Mr. Ibrahim, civil engineer, in his first month of business are as follows 2 Jan Invested $100.000 cash in the business Purchased two service vehicles for cash at a cost of $24,000 each Billed customers 56.800 for services performed. Purchased equipment for $50,000. Paid $10.000 cash, signed $40,000 note payable Paid $1.200 for a one-year insurance policy Purchased $5.000 office supplies (an asset) on credit Paid S350 cash for advertising Received 55000 cash from customers billed on January 3 Paid for the office supplies on January 11 Withdrew $2,300 cash from the business. 11 20 29 29 Type here to search