Sara Company Purchased goods from Rama company for S.R850,000 on March 4, 2020, Sara records purchases gross and a perpetual inventory system. On April 2, Borrowed S.R120,000 from Al- Ahli Bank by signing a 12-month, 6% note, for S.R129,000 note. On May 1, Issued a S.R90,500 for 12-month, 3% note to Rama company in payment of account.

- Journalize the transactions from March 4, 2020 to December 31, 2020