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The transactions of El Shamaa Company appear below. a. Kareem El Shamaa, owner, invested $13,750 cash in the company. b. The company purchased office supplies
The transactions of El Shamaa Company appear below. |
a. | Kareem El Shamaa, owner, invested $13,750 cash in the company. |
b. | The company purchased office supplies for $399 cash. |
c. | The company purchased $7,604 of office equipment on credit. |
d. | The company received $1,623 cash as fees for services provided to a customer. |
e. | The company paid $7,604 cash to settle the payable for the office equipment purchased in transaction c. |
f. | The company billed a customer $2,915 as fees for services provided. |
g. | The company paid $510 cash for the monthly rent. |
h. | The company collected $1,224 cash as partial payment for the account receivable created in transaction f. |
i. | Kareem El Shamaa, withdrew $1,200 cash from the company for personal use. |
Prepare the Trial Balance.
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