1. Mr.Ali used to purchase stationeries for his business organization from Al Fahir stores for 100 rials every month. In May 2020 he purchased stationaries but lost the bill, so he has not recorded the transaction. You are requested to mention this type of activities comes under which type of Generally Accepted Accounting principle and give reason.(1 Mark) 4. Mr. Zuhair Started Car cleaning services in Ruwi with a capital of OMR 40,000 and earns a profit of OMR 1,500 at the end of the year. He spends OMR 200 to purchase clothes, OMR 250 to purchase mobile phone for his personal use. Can Mr. Zuhair records his personal expenses in his Car cleaning service accounting books? Explain the reason by justifying the result which relates to GAAP. (1 Mark) 2. Mr. Abdullah wants to starts a restaurant in different locations in Muscat. Which type of organization suits for him if he needs huge amount of capital. (1 marks) 3. Partnership organization is better than sole proprietorship and company is better than partnership with respect to liability. Do you agree. If yes/ no justify your answer. (2 mark)