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prepare 1 journal entry for the three months 2 prepare a trial balance at the end of March begin{tabular}{|c|c|} hline Date & Transactions hline

prepare
1 journal entry for the three months
2 prepare a trial balance at the end of March
image text in transcribed
\begin{tabular}{|c|c|} \hline Date & Transactions \\ \hline Jan-01 & Shareholders invested 400,000 SAR to begin the business. \\ \hline Jan-05 & Paid 50,000SAR for an insurance policy for two years on the company building. \\ \hline Jan-10 & Paid advertising expense worth 45,000SAR. \\ \hline Jan-15 & Purchase computers for 15,000 SAR cash. \\ \hline Jan-20 & Borrow suppliers cost 17,750SAR and the remaining on account. \\ \hline Jan-23 & Borrow 350,000SAR cash for Al-Rajhi bank for 5 years and sign a note payable for interest 2.5% \\ \hline Jan-25 & Paid salaries expense 70,500SAR. \\ \hline Jan-27 & Paid 15,00 SAR utilities expenses. \\ \hline Feb-01 & Purchase Tour Bus for 40,000SAR, paid half and the remaining on account. \\ \hline Feb-04 & Received 10,000 SAR in advance to provide two special event planning. \\ \hline Feb-09 & Purchase insurance policy for 40,000SAR for 1 year. \\ \hline Feb-19 & Received 3,000SAR from a customer and the remaining on account. \\ \hline Feb-20 & Received 2,700 SAR for flight reservations and tourism trips. \\ \hline Feb-25 & Paid supplies that were borrowed on Jau 23 \\ \hline Feb-29 & 9 Paid 70,500 SAR for employees' salary. \\ \hline Feb-30 & 0 Paid 15,00 SAR utilities expenses. \\ \hline Mar-01 & 1 Purchased Equipment for 600,000SAR in Cash \\ \hline Mar-07 & 7 Received unearned revenue worth 7,000SAR. \\ \hline Mar-15 & 5 Provide Internet services for a customer, received 350SAR. \\ \hline Mar20 & 0 Received 3000 SAR from service performed on Feb 19. \\ \hline Mar23 & 3 Paid 20,000 SAR for purchased on Feb 1. \\ \hline Mar-24 & 4 Shareholders receive 40,000 SAR as a dividend at the end of three months. \\ \hline Mar26 & 6 Paid 70,500 SAR for employees' salary. \\ \hline Mar-27 & 7 Paid 15,00 SAR utilities expenses. \\ \hline \end{tabular}

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