Question

Section B Descriptive Tee uestions Each Question Carries ONE mark) - Total: 3 marks Pass Journal Entries for the following transactions Mr. Abdullah Ahmed invested AED SOO000 cash into his business o 2020. Write the narration, also Your answer h Purchased equipment from Mr. Husam worth AED 100000 on arco Your answer: c. Mr. Aymen paid AED15,000 salary to his supervisor Mr. Jim in cash on 1 February 2020 Your answer:

Answer 1

Date	Description				Amount(Dr.)	Amount(Cr.)
					(AED)	(AED)
01-Jan-20	Cash Account				500000
	Capital Account					500000
	(Amount Invested in business by
	Mr. Abdullah Ahmed)
	Equipment				100000
	Mr. Husam					100000
	(Equipment Purchased from Husam
	on Credit)
01-Feb-20	Salary				15000
	Mr. Jim					15000
	(Salary paid to Mr. Jim on 1st of Feb
	2020)

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