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Question 8 CLO2: Saeed started his company called Saeed Consulting on 1 January, 2020. A summary of transactions in January is presented below. 1 January

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Question 8 CLO2: Saeed started his company called Saeed Consulting on 1 January, 2020. A summary of transactions in January is presented below. 1 January - Invested AED 43,000 cash into the company. 5 January - Purchased supplies for AED 15,000 on account. 10 January - Performed a service for AED 3,600 cash 17 January - Withdrew AED 3.200 for personal purpose. 22 January - Paid AED 6,000 cash for the supplies made on 5 January 30 January - Paid salaries for AED 4,500 cash. Journalise the above transactions. (16 marks) Journal

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