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The transactions of El Shamaa Company appear below. a. Kareem El Shamaa, owner, invested $14,750 cash in the company. b. The company purchased office supplies
The transactions of El Shamaa Company appear below. a. Kareem El Shamaa, owner, invested $14,750 cash in the company. b. The company purchased office supplies for $428 cash. c. The company purchased $8,157 of office equipment on credit. d. The company received $1,740 cash as fees for services provided to a customer. e. The company paid $8,157 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,127 as fees for services provided. g. The company paid $530 cash for the monthly rent. h. The company collected $1,313 cash as partial payment for the account receivable created in transaction f. i. Kareem El Shamaa withdrew $900 cash from the company for personal use. Required: Prepare general journal entries for the above transactions
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