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Styles all questions [8 Points] 1. Pass Journal entries and prepare T Accounts and trial balance account with the help of the following transactions in
Styles all questions [8 Points] 1. Pass Journal entries and prepare T Accounts and trial balance account with the help of the following transactions in the book of Al hukair Company in the month of Jan. 2019. Jan 1st Al hukair Company, commenced business with cash SR 100,000 Jan 2nd An amount of SR36,000 was paid as advance rent for three months Jan 3rd Paid SR60,000 cash on the purchase of equipment costing SR80,000. The remaining amount was recognized as a one year note payable with interest rate of 9% Jan 4th Purchased office supplies costing SR17,600 on account Jan 13 Provided services to its customers and received SR28,500 in cash. Jan 20th Received SR15,300 from customers for the services provided on January 18. Jan 25th Received SR 4,000 as an advance payment from customers. Jan 31st Paid SR 5,000 as dividends. *
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