Question
The following transactions occurred in your new company in January 2022: On January 2, the owner (your name) deposited $40,000 cash in Abu-Dhabi Islamic
The following transactions occurred in your new company in January 2022: On January 2, the owner (your name) deposited $40,000 cash in Abu-Dhabi Islamic Bank. On January 5, Expressions paid $6,000 cash for furniture for the fitness center. On January 8, Expressions paid $500 cash to rent space in a signature mall for January. On January 8: Expressions transferred $5,000 from Abu- Dhabi Islamic Bank to Dubai-Islamic Bank. On January 9, Expressions received invoice No. 1 from Carrefour Market for the purchase of 20 boxes of healthy food and beverages, $100 each. On January 12, Expressions purchased $1,200 of machine cash. On January 15, Expressions Provided class training to 50 students from Al-Ain English School invoice No. 1, $4,000, cash collection was expected in 10 days. On January 18, Expressions paid $3,000 cash insurance in advance for 6 months. On January 19, Expressions Paid Carrefour Market for invoice No. 1 by check # 1. On January 22, Expressions Provided swimming pool session to 20 patients from Saudi German Hospital invoice No. 2, $1,000, cash collection was expected in 10 days. On January 24, Expressions Received check No. 111 in the amount of $4,000 from Al-Ain English School in payment of invoice No. 1. On August 31, Expression received invoice No. 1 from Top services for the repair and maintenance services of $1,000. On January 31, Expressions paid $800 cash electricity for January.
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