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Record the journal entries for the following transactions (2 Marks). 1) ABC paid salaries of SR800 to employees. 2) ABC purchased equipment for SR2,000 cash.

Record the journal entries for the following transactions (2 Marks).

1) ABC paid salaries of SR800 to employees.

2) ABC purchased equipment for SR2,000 cash.

3) ABC purchased SR5,000 of merchandise on credit.

4) ABC Borrowed SR10,000 from AL Rajhi Bank.

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