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On January 1 , 2 0 2 4 , Moataz opened Al Amal Ophthalmology Center, and during the first month of its work, the following

On January 1,2024, Moataz opened Al Amal Ophthalmology Center, and during the first month of its work, the following operations were performed:
- On 1/1,200,000 riyals were invested, which he deposited in cash as capital.
On January 2, he paid the January rent of 10,000 riyals in cash.
On January 3, devices and equipment for the clinic were purchased for 250,000 riyals, 100,000 riyals were paid in cash, and the rest was on account.
On 1/4, an amount of 12,000 riyals was paid in cash, the value of one years insurance.
- On January 10, the Center ran an advertising campaign in Al Rabie magazine. The value of the advertisements amounted to 2000 riyals, which was paid in cash.
- On January 20, Khaled withdrew an amount of 7,000 riyals from cash for his personal use.
- On January 31, the cash receipts resulting from the statement during the month amounted to 62,000 riyals
- On January 31, the employees salaries amounting to 32,000 riyals were paid in cash.
Through your study of the accounting course, answer the following:
1. Recording the necessary journal entries for previous operations in the companys books.
2. Post the journal entries to the ledger, and balance the accounts
3. Prepare a trial balance with balances for the financial period ending on 12/31/2024.

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