3 (b) ZamZam Traders provide the following information regarding his sales during

March 2019. (Marks 4)

1. Cash sales to customers OMR 250,000
2. Credit sales to the customers OMR 550,000
3. Sales return by cash customers OMR 30,000
4. Sales return by credit customers OMR 35,000
5. Sales Discount to credit customers OMR 5,000

Required:

1. Pass journal entries to record the above transactions
2. Prepare accounts receivable account

Answer 3 (b):

1. General Journal

Date	Particulars / Accounts	L.F	Debit Amount (OMR)	Credit Amount (OMR)
a
b
c
d
e

Answer 3 (b):

(2)

Accounts Receivable
Account Title	Amount Dr. (OMR	Account Title	Amount Cr. (OMR)
Total		Total