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Seven stars company is a sole proprietorship operated by Judie, whereas the following transactions have been occurred: 2017 Jul.1 Judie opened a bank account under the name of seven Stars Company and made a deposit taken from her personal saving account of $ 150.000 to start the new business. 5 Purchased land and building for $60.000 in cash. The land was valued at $20.000; The Building at $40.000. Issued check no.1. 11 Received furniture purchased on open charge account from the Jones Company for $12.000; Supplier's invoice dated July 8. 2017. 20 Paid the Jones Company $9.000 from the amount owed to it. Issued check no .2. 25 The company found that some of the furniture was not what it wanted. So it sold the furniture which had cost $2.800 to Aley Eldin for $2.800 on account. Aley promised to pay this amount in 30days; issued invoice no.1 29 Collected $1.600 from Aley from the amount he owed to seven Stars Company for the Furniture sold to him on July 25 30 Invest $1.300 in his company after selling some of his personal heritage.

Arrange the pervious transactions in assets liabilities and owner equity account to exhibit: Cash, accounts receivable, land, building, furniture, accounts payable and Ahmed's capital - Show by addition and subtraction the effect of the transaction on accounting equation. - Show the new balances after each transaction

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