Date Transaction Mr. Salim Ahmed started business as Ahmed Enterprise with OMR 7000 cash and Furniture valued at RO. 3000 as capital 1.1.2020 15. 2. 20 Opened Bank Account and deposited 5000 OMR Cash 29.3.20 Purchased goods from Sharuk Traders for OMR 4500, paid 10 % cash and remaining on credit 21.6.20 Sold goods for 14000 OMR . 50% received in cash remaining on account to M/s. Muscat Enterprises 4.9.2017 Purchased building from Ansari Traders 2500 OMR , paid by cheques full amount . 9.12. 20 Settled accounts of Sharuk Traders . 29.12.20 Paid Salary expense 500 OMR for the month of December 20 31.12.20 Received rent revenue of 1200 OMR in cash.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required :
1. Record Journal Entries
2. Post them into the ledger accounts
3. Prepare the Trial Balance as on 31.12.2020

b Accounting Home x
n Course: CMPS 100 x
- Outlook - 4 I X
x ملخص رائع لكل قو
ملخص النحو اهدا=
A Sign in - Adobe ID X
C Solved: (Objective x
A https://outlook.live.com/mail/0/inbox/id/AQMkADAwATYOMDABLWRmOTAtMzBjMiOwMAltMDAKAEYAAAPNZdnp8ILQQ. O
3
AL
Outlook
لك إظهار البريد الإلكتروني
OneDrive no bis
ا تنزيل طباعة
BUSS 102 NO 2 ASSIGNMENT-1.pdf
Question 1
m
Date
Transaction
Mr. Salim Ahmed started business as Ahmed Enterprise with OMR 7000
cash and Furniture valued at RO. 3000 as capital
1.1.2020
15. 2. 20
Opened Bank Account and deposited 5000 OMR Cash
How
get a
white
29.3.20
Purchased goods from Sharuk Traders for OMR 4500, paid 10 % cash and
remaining on credit
21.6.20
Sold goods for 14000 OMR . 50% received in cash remaining on account
to M/s. Muscat Enterprises
4.9.2017
Purchased building from Ansari Traders 2500 OMR , paid by cheques full
amount .
9.12. 20
Settled accounts of Sharuk Traders .
29.12.20
Paid Salary expense 500 OMR for the month of December 20
Final
Ever
wikih
31.12.20
Received rent revenue of 1200 OMR in cash .
إعادة توجيه
BUSS 102 NO 2 ASSI.pdf
Show all
Open file
:::
Transcribed Image Text:b Accounting Home x n Course: CMPS 100 x - Outlook - 4 I X x ملخص رائع لكل قو ملخص النحو اهدا= A Sign in - Adobe ID X C Solved: (Objective x A https://outlook.live.com/mail/0/inbox/id/AQMkADAwATYOMDABLWRmOTAtMzBjMiOwMAltMDAKAEYAAAPNZdnp8ILQQ. O 3 AL Outlook لك إظهار البريد الإلكتروني OneDrive no bis ا تنزيل طباعة BUSS 102 NO 2 ASSIGNMENT-1.pdf Question 1 m Date Transaction Mr. Salim Ahmed started business as Ahmed Enterprise with OMR 7000 cash and Furniture valued at RO. 3000 as capital 1.1.2020 15. 2. 20 Opened Bank Account and deposited 5000 OMR Cash How get a white 29.3.20 Purchased goods from Sharuk Traders for OMR 4500, paid 10 % cash and remaining on credit 21.6.20 Sold goods for 14000 OMR . 50% received in cash remaining on account to M/s. Muscat Enterprises 4.9.2017 Purchased building from Ansari Traders 2500 OMR , paid by cheques full amount . 9.12. 20 Settled accounts of Sharuk Traders . 29.12.20 Paid Salary expense 500 OMR for the month of December 20 Final Ever wikih 31.12.20 Received rent revenue of 1200 OMR in cash . إعادة توجيه BUSS 102 NO 2 ASSI.pdf Show all Open file :::
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