1 . The following business transactions of Mr Ahmed, a sole trader.

Jan 2021

(1) Brought in cash of RO 20,000 to start up the business

(2) Paid RO 9,000 in cash to Purchase equipment

(5) Purchase of supplies on credit for RO 30000 and 10000 on cash from Famy trading

(6) Sale of RO 20,000 on credit to Jamu trading and for cash RO 50000

(8) Paid RO 1800 liability to the Famy trading

(10) Collection of accounts receivable RO 16,000 from Jamu trading

(17) Paid rent of RO 900 for rent

(19) Paid insurance of RO 2400

(20) Withdraw of RO 1600 for personal use.

You required to:

a. Prepare Journal entries

b. Post ledger accounts

c. Trail balances