The transactions for the year 2019 for Alrajhi Steel company have already been recorded. This problem shows how to prepare adjusting entries for Alrajhi Steel for December 2019.

1.	At year end, unrecorded interest expense due to creditors was SR. 4,000 (payable in the next year)
2.	On December 3, a deposit in the amount of SR. 5,000 was received for services to be performed. By the end of the month, services in the amount of SR 1,200 were performed. Prepare journal entries for the original receipt of the deposit and the adjusting entry on 31st December:
3.	On October 4, Alrajhi Steel Company rendered services valued at SR. 11,000. The client will pay for the services November 1 and closing are done at the end of each month pass this transaction at the end of period:
4	The Supplies asset account began the year with a balance of SR 190. During the year, supplies in the amount of SR 490 were purchased. At the end of the year the inventory of supplies on hand was SR 220. Prepare the year end adjusting entry:
5.	A note payable of SR50,000 has been outstanding since October 1, 2019. Under the terms of the note, the note plus interest (12%) is to be paid on March 1, 2020. No interest has been recorded on the note