Sara opened a Construction office on Jan 1, 2021. On Jan 31, the balance sheet showed Cash AED15,000, Accounts Receivable AED4,500, Supplies AED1500, Equipment AED180,000, Accounts Payable AED12,600, and Owner's Capital AED 26,400. During January, the following transactions occurred., 1. Pald AED8,400 cash on accounts payable 2. Collected AED3,600 of accounts receivable. 3. Received revenue of AED 22,500 of which AED9,000 is collected in cash and the balance is due in March. 4. Purchased additional equipment for AED6,000, paying AED1200 in cash and the balance on account. 5. Pald salaries AED7,500, rent for January AED 2700, and advertising expenses AED1200. 6. Withdrew AED 2700 in cash for personal use. 7. Received AED6,000 from ADCB Bank-money borrowed on a note payable. 8. Incurred utility expenses for month on account AFDR10 Sara opened a Construction office on Jan 1, 2021. On Jan 31, the balance sheet showed Cash AED15,000, Accounts Receivable AED4,500, Supplies AED1500, Equipment AED180,000, Accounts Payable AED12,600, and Owner's Capital AED 26,400. During January, the following transactions occurred., 1. Pald AED8,400 cash on accounts payable 2. Collected AED3,600 of accounts receivable. 3. Received revenue of AED 22,500 of which AED9,000 is collected in cash and the balance is due in March. 4. Purchased additional equipment for AED6,000, paying AED1200 in cash and the balance on account. 5. Pald salaries AED7,500, rent for January AED 2700, and advertising expenses AED1200. 6. Withdrew AED 2700 in cash for personal use. 7. Received AED6,000 from ADCB Bank-money borrowed on a note payable. 8. Incurred utility expenses for month on account AFDR10