1 2 4 5 6 7 Event No. Transaction AMT Engineering acquired OMR 100,000 by issue of Common Stock The owner took OMR 50,000 as loan from Bank Muscat. 3 Opened an account in Bank Muscat (Current Account). An amount of OMR50,000 deposited into the account Rented an office. An advance of OMR12,000 is paid by issue of a bank cheque Purchased office furniture OMR5,000 on credit from Fahmy Furnitures. Bought office supplies paying OMR5,000. Bought a car from Saud Bahwan for OMR10,000. The amount is paid by the issue of a bank cheque (CREDIT: BANK ACC) Paid the amount due to Fahmy Furniture in cash 9 Collected OMR40,000 as advance to provide future services over a one year period starting from July 1, 2020. Received consulting revenue from a customer OMR40,000 Paid OMR30,000 as salaries to the staff Paid utilities charges OMR400 Traveling expenses paid OMR100 Received OMR25,000 as consulting revenue from MM Projects. 8 10 11 12 13 14