11. Prepare the journal entries to record the following transactions on Moon Company's books using a perpetual inventory system. (a) On March 2, Moon Company sold OMR 600,000 of merchandise to Star Company, terms 3/10, n/30. The cost of the merchandise sold was OMR 420,000. (b) On March 6, Star Company returned OMR100,000 of the merchandise purchased on March 2. The cost of the returned merchandise was OMR70,000. (c) On March 12, Moon Company received the balance due from Star Company. 12. The following information pertains to Orchard Flowers Company. i. Cash balance per bank statement, July 31, OMR 8,000. ii. July bank service charge not recorded by the depositor OMR100. iii. Cash balance per cash books, July 31, OMR 9,100. iv. Deposits in transit, July 31, OMR 2,500. v. Bank collected OMR 500 note for Orchard Flowers in July. The collection has not been recorded by Family in cash book. vi. Outstanding checks, July 31, OMR 1000. Instructions: Prepare a bank reconciliation at July 31, to find out the adjusted balance.