Question (5) (8 Marks) I pt. for each transaction: The followings are some transactions happened in education ministry general treasury: 1. On March 1, the unit paid $2,000 advertising expenses to announce for a general tender by a check. 2. Onl5 Jan, the unit sold 10 tender's documents and terms for 550 each and the amount collected cash. 3. On March 20 , a number of bidders have been peesented their temporary securities (2%) as follows - Bidder (A) presented $10,000 by cash. - Bidder (B) presented $12,000 by check - Bidder (C) presented $14,000 by check. - Bidder (D) presented S15,000 by letter of guarantec. 4. The Tender was awarded to the bidder (A) and he increased the amount of temporary security to become a final security (5%) and he paid the difference by cash 5. The unit retumed the temponary securitics to other biddens the government unit paid the amount to him by a check and it transferred the rest of the tender to the bidder (B) and he implemented it. If you know that: 1. The fines and administrative expenses which imposed on (A) were L. L.5000 and the required amount was paid to (B). 2. The government unit settled the final securityof the bidder (A) and (B) by a checks Question (6) (3 Marks) 1/2 Dl. forcech iransaction: The following is the information of a gov. unit for the month of January 2017: 1) Total salaries of the employees: L. 107,000,000 2) Total income tax L.1 15,000,000 3) NSSF: Gov. Unit's contribution L. L. 12,200,000 Fimployee's contribution L.1. 900,000 4) Suhseription of syndieates L. L. T, 200,000 5) Subscription of clubs L.L 1,800,000 6) Installments of the employees' loass L.L 5,000,000 7) Penalties on employees L.L. 1,100,000 Required: Prepare the journal entries, 1. The Reconding offalaties 8 Waser Exprnses 2. Receiving dehic slip from centrel bank 3. The nayment of income tax 4. The payment of NSSF 5. The payment to syndicates 6) The paryment to clubs G00D LUCK 9