Mohmed Aly has decided to open a printing center which he named Printex in June 2021....

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Mohmed Aly has decided to open a "printing center" which he named "Printex" in June 2021. During month June, the following transactions: 1. On June 2, 2021, he invested L.E. 15,000 cash in the business. 2. On June 2, 2021, he purchased 1.E.7000 computer equipment in cash. 3. On June 3, 2021, he purchased supplied on credit for L.E. 1,600. 4. On June 5, 2021, he received cash for printing services L.E. 1,200 from a client. 5. On June10, 2021, he paid rent expenses for L.E. 100, telephone expenses for L.E. 200, and salaries expenses L.E. 300. 6. On June 12, 2021, he withdrew L.E. 1000 from his business. Required: Prepare the tabular summary for those transactions. Mohmed Aly has decided to open a "printing center" which he named "Printex" in June 2021. During month June, the following transactions: 1. On June 2, 2021, he invested L.E. 15,000 cash in the business. 2. On June 2, 2021, he purchased 1.E.7000 computer equipment in cash. 3. On June 3, 2021, he purchased supplied on credit for L.E. 1,600. 4. On June 5, 2021, he received cash for printing services L.E. 1,200 from a client. 5. On June10, 2021, he paid rent expenses for L.E. 100, telephone expenses for L.E. 200, and salaries expenses L.E. 300. 6. On June 12, 2021, he withdrew L.E. 1000 from his business. Required: Prepare the tabular summary for those transactions.

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Assets Liabilities Owners Equity Cash Supplies Computer Equipment Accounts Payable Aly Cap... View the full answer