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7. Ruwi Construction Company had the following transactions during June 2016. Transactions (1) Issued ordinary shares in exchange for R.O.35,000 cash on June 1. (2) Purchased equipment for R.0.6,000 paying R o 3,500 in cash and the remainder in the future. (3) Purchased supplies for R.O.2,200 cash. (4) Received a bill from Oman News for R o.800 for advertising. (5) Received R.O. 5,500 in cash from customers for services provided. (6) Paid salaries of R.0, 1,200 to the company employees. (7) Billed its customers R.O, 2,000 for services provided