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1 Given below are the transactions related to Hameed Enterprises for the month of March 2021. Date Transactions OMR March 2021, Mr. Hameed is the
1 Given below are the transactions related to Hameed Enterprises for the month of March 2021. Date Transactions OMR March 2021, Mr. Hameed is the proprietor started business with (i) Cash 35,000 and (ii) Machinery 15,000 3 Purchased Building for OMR 20,000 and paid OMR 15,000 in cash and remaining amount to be paid soon Borrow money from Bank Muscat 5,000 5 Purchased goods for cash 8,500 6 Purchased a computer for office purposes 300 7 Cash Sales 4,000 8 Paid electricity expenses 100 9 Purchased stationery for office use 80 10 Purchased goods from XYZ Limited 10,000 11 Sold goods on credit from ABC LLC Saham 10,000 12 Paid telephone charge 200 14 Paid the remaining OMR 5,000 for the building bought on 3rd March 15 Paid rent 300 17 Commission received 600 22 Sold goods to Mr. Ali Ibrahim for Cash 6,000 25 Paid Salary to Employees 600 26 Mr. Hameed withdraw cash for personal use 500 REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet
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