Record the following transactions (John Doe is the business owner and manager)

660.. Exercise 5 - 132 Record the following transactions (John Doe is the business owner and manager) 1. Doe invested 25,000 cash and office equipment valued at 5,000. 2. Doe purchased 6,000 (incl. VAT at 20%) of office equipment on credit. 3. Doe completed work for a client and received 2,000 plus VAT at 20% cash in full payment. 4. Doe paid 4,000 cash in partial settlement of the amount owed from transaction 2. 5. Doe completed 6,000 of work for a client on credit and issued an invoice (add VAT at 20%). 6. Doe withdrew 2,800 cash for personal use. 7. Doe received 3,000 cash as partial payment for the work completed for the client in transaction 5. 8. Doe paid 2,200 cash for the secretary's salary. 4