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1 . On the 1 st of April, the owner of the company invested cash OMR 4 0 , 0 0 0 building OMR 6

1. On the 1st of April, the owner of the company invested cash OMR40,000 building OMR 60,000 and machine OMR 25,000 in the company.2.2nd of April, the company bought land for 70,000 on credit.3. On the 4th of April, the company billed the customers 30,000 for the services provided.4. On the 5th of April, the board of directors declared dividends OMR 7,000 for the ordinary shareholders.5. On the 6th of April, the owner of the company withdrew 8,000 for personal use.6.8th of April, the company converted 35,000 Note payable to ordinary shares.7. On the 10th of April, the company paid electricity OMR 6,000 and rent OMR 4,800.8.112th of April, the company issued ordinary shares for OMR 55,0009.14th of April, the company paid for the land bought on the 2nd of April.10. On the 16th of April, the company paid 6,000 for one year insurance starting from the 1st of April.11.18th of April, the company received 55,000 for services that should be provided next month.12.20th of April, the company received maintenance services for their equipment for 3,900 but didnt pay the provider.13. On the 22nd of April, the company sold a used delivery truck for 5,000.14. On the 25th of April, the company sold old office furniture and billed the purchaser for 4,500.15. On the 27th of August, the owner of the company returned the amount withdrew on the 6th of April.16.31st of April, paid dividends of OMR 20,000 for the ordinary shareholders. Q1. Show the impact of the above transaction on the accounting equation. Q2. Prepare the journal entries in the general ledger of the company. Q3. Post the journal entries to each account ledger. Q4. Prepare the Trial Balance report for the above. Q5. Consider the following transaction that happened next month and prepare the adjusting entries.1. On the 1st of May, the company received the amount billed on the 4th of April.2.7th of May, the company used one month of the insurance services paid for on the 16th of April.3.11th of May, the company provided services for 45,000 from the services paid on the 18th of the April.4.18th of May, the company paid for the maintenance services received on the 20th of April. Q6. Prepare the adjusting Trial Balance according to the above adjustment.Q7. Prepare the Income Statement of the company.Q8. Prepare the statement of Retained EarningsQ9. Prepare the statement of Financial Position

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