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Task 5 Determine the journal you are going to use to post all the following transactions: On 1st February 2020 you paid 5,000 SAR for
Task 5 Determine the journal you are going to use to post all the following transactions: On 1st February 2020 you paid 5,000 SAR for two laptops On 1st February 2020 you made a cash sale for 6,000 SAR On 2nd February 2020 you paid 2,000 to Supplier Ali against accounts payable. On 2nd February 2020 a customer named Ali sent a check of 5,000 SAR for a prior sale after getting 500 SAR sales discount. . On 3rd February 2020 you paid 6,000 SAR rent for premises. On 3'4 February 2020 a customer named Fahad sent a check for a prior sale, paying 2,000 SAR. 1. Accurately file and record the payments and receipts for the previous transactions and make the balance between receipts and payments in your accounting system
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