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Pass Journal Entries with the help of the following transactions: March 1, commenced business with cash SR 150,000 March 2; Purchased Car SR 40,000 March3;

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Pass Journal Entries with the help of the following transactions: March 1, commenced business with cash SR 150,000 March 2; Purchased Car SR 40,000 March3; Purchased two scooters from XY Company SR 30,000 March 4: Rent received SR 15,000 March 5; Telephone charges paid SR 7,000 March 6; Cash paid to XY Company SR 30,000 March 7; Sold one scooter SR 12,000

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