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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.

El SHAMAA COMPANY
Trial Balance
May 31, 2015
Debit Credit
Totals $ $

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