The following are the transactions during 2021: 02.01.2021 Purchases a shop in downtown mall, in cash 20.02.2021 Purchases merchandise, in cash 15.04.2021 Customer is overdue 2 months: records allowance 01.12.2021 Sales merchandise, in cash 20.12.2021 TV advertising campaign for last quarter 2021, to be paid 10.01.2022 31.12.2021 Cash customer returns merchandise 31.12.2021 January 2022 rental revenue is received in advance SR 460,000.00 SR 85,000.00 SR 45,000.00 SR 240,000.00 SR 8,000.00 SR 10,000.00 SR 25,000.00 31.12.2021 Depreciation: 20%, straight line, no resale value (monthly basis) TBD 31.12.2021 Closes beginning inventory 31.12.2021 Records the ending inventory 31.12.2021 Revenues & expenses balanced off SR 80,000.00 SR 114,000.00 TBD Assignments 1 2 3 4 5 TRIAL BALANCE 31.12.2021 ACCOUNT DEBIT CREDIT DEBIT BALANCE CREDIT BALANCE BALANCE