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Question One: the following are some transactions occurred in Nahid & Noor audit firm during January 2021: - On 1, invested in their business by
Question One: the following are some transactions occurred in Nahid & Noor audit firm during January 2021: - On 1, invested in their business by providing the following assets: 30000 Cash: 10000 supplies - On 2. paid 9000 cash to buy furniture - On 4, received 2000 cash for providing audit consulting service. - On 6. paid 5000 cash for salary for staff. - On 9. provided audit consulting service on account to SAMEIA firm for 5000. - On 10, withdrew 2000 cash for personal use. - On 13, received cash from SAMEIA firm for the transaction on 9 January - On 15. Paid cash 2000 for supplies and 7000 for equipment On 20, provided audit consulting service for 3000 cash and 4000 on account. - On 30, paid the following expenses by cash: 1500 utilities: 4000 Rent, Required: 1- Journalize the above all transactions in the general journal. 2. Post only the transactions related to Cash Ledger and Audit Consulting Revenue Ledger 3- Balance the ledgers for Cash and audit consulting revenue. Question Two: The following are balances of accounts for Saleha Clinic for the period ended on 28/2/2021: Debit Balances 8000 Cash: 2130 Accounts Receivable: 1750 Supplies: 15400 equipment: 5400 Salaries: 2500 Supplies Expense: 7500 Rent Expense. Credit Balances: 750 Accounts Payable: 6930 owner's cquity; 35000 Service Revenues Required: Prepare Trail balance for the period ended on 28/2/2021
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