The following transactions happened at Al Ahmad Establishment for Engineering Services during the first month of 2020:

- On 1/1, the corporation started its business with a capital of $60,000, which was deposited in the foundation's fund.

- On 1/2, the rent for the month of January of $7,000 was paid in cash.

- On 1/4 it was purchased car for $19,000 in cash, to be used in the Foundation's business.

- On 1/5, machines and equipment were purchased for $14,000 from Al Rabiah Company, on account.

- On 1/12, engineering services were provided to some clients in exchange for $15,000 in cash

- On January 15, the Foundation launched an advertising campaign in a number of advertising media, at a cost of $8,000 in cash.

- On January 20, the Corporation provided engineering services to a customer with an amount of $12,000 , $7,000 were received in cash and the rest was on the account.

- On 1/25, $14,000 due to Al Rabiah Company were paid in cash.

Required:

1- journalize the entries in the books of the Al-Ahmad company (24 marks) . 2- Posting the journal entries to the ledger, and the account balance (27 marks)

3- Preparing the trial balance with balances for the financial period ending on 1/31/2020