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Please upload a soft copy on Sunday septemper27th Question One (5 marks) Deema opened her own IT consultant office on June 1, 2015. During the

Please upload a soft copy on Sunday septemper27th

Question One (5 marks)

Deema opened her own IT consultant office on June 1, 2015. During the first month of operations, the following transactions occurred:

  1. Deema invested SR50,000 in the IT practice
  2. Paid SR4,000 for June rent on office space
  3. Purchased office equipment on account SR15.000
  4. Provided consultant services to clients for cash SR12.500
  5. Paid expenses SR7,500 (electricity, utilities, and telephone)

Prepare a tabular summary of the transactions

Trans.

=

1

2

3

4

5

Total

=

Total

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