Academic Year 2021-22 Semester 1 BAAC 1102 Principles of Accounting ASSIGNMENT Total Marks: 10 Marks Issue Date: 27 October 2021 December 2021 Submission Date: 12 Journalize the following transactions in the books Mr. Athif, prepare journal, post them in ledgers, and prepare the trial balance and Financial Statement 2020 January 1 Owner started business with Cash OMR January 3 Bought Stationary for Cash OMR 5,000. January 4 Bought Machinery of OMR through cheque. January 5 Purchase goods for cash OMR 90,000 January 7 Paid rent of office OMR 1,000 with a cheque. January 10 Bought goods from Mr. Salim on Credit OMR January 11 Paid wages for OMR 2,000. January 12 Provided services for Cash for OMR January 18 Sold goods to Mr. Adil OMR January 19 Paid cash to Mr. Salim OMR January 20 Paid water bill OMR 500 in cash. January 24 Received Cash from Mr. Adil OMR 5,000. January 29 Money withdrawn OMR 5,000 for personal use. January 30 Deposited OMR 3,000 cash in to business bank account. Note: The assignment has to be submitted as a soft copy in E-Learning. Academic Year 2021-22 Semester 1 BAAC 1102 Principles of Accounting ASSIGNMENT Total Marks: 10 Marks Issue Date: 27 October 2021 December 2021 Submission Date: 12 Journalize the following transactions in the books Mr. Athif, prepare journal, post them in ledgers, and prepare the trial balance and Financial Statement 2020 January 1 Owner started business with Cash OMR January 3 Bought Stationary for Cash OMR 5,000. January 4 Bought Machinery of OMR through cheque. January 5 Purchase goods for cash OMR 90,000 January 7 Paid rent of office OMR 1,000 with a cheque. January 10 Bought goods from Mr. Salim on Credit OMR January 11 Paid wages for OMR 2,000. January 12 Provided services for Cash for OMR January 18 Sold goods to Mr. Adil OMR January 19 Paid cash to Mr. Salim OMR January 20 Paid water bill OMR 500 in cash. January 24 Received Cash from Mr. Adil OMR 5,000. January 29 Money withdrawn OMR 5,000 for personal use. January 30 Deposited OMR 3,000 cash in to business bank account. Note: The assignment has to be submitted as a soft copy in E-Learning