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9. Maxim Company has hired four new employees who will on duty from March 1.00 Each employee will get a salary of AED 21.000 in
9. Maxim Company has hired four new employees who will on duty from March 1.00 Each employee will get a salary of AED 21.000 in the end of each month Pass Journal entries in the General Ledger of the company Your Answer: Marks Allotted: 2) 10. From the following information given, compute the total assets of the company (Marks Allon sented below is selected information related to Fahad Brothers & Company Des -8. Fahad reports financial information monthly (All amounts in UAEONS ipment 10,000 ities Expenses 4,000 h 8,000 vice Revenue 36,000 aries and Wages Expense 7,000 t Expense 11,000 es Payable 16,500 unts Payable 2,000 her's Drawings 5,000 unts Receivable 9,000 - Answer: earth END OF QUESTION PAPER 2. Fill in the blanks: Marks Allotted: 2 Owner's Equity Statement For the month ended January 1, 2019 Owner's Capital on 1.1.2019 Add: New Capital Invested 15,000 5,000 20,000 Less: Drawing Net Loss 12000 5000 wner's Capital on 31.3.2019
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