Activity: 1

Anwar Furniture Trading Company (Medium Scale Business) started their business on 1^st January 2010 at Muscat and maintained their accounts by manual until 31^st March 2021. The manager of Anwar Company approached your accounting consultancy firm located at 67, Muscat Souk, Muscat the suitable to maintain accounts for medium scale business, he accepted and requested to you create company and ledger accounts for the following transactions for the year ended 31^st December 2020.

i) Capital introduced in the business

ii) Furniture purchased for cash

iii) Furniture purchased on credit from Mr. Mohammed

iv) Furniture sold for cash

v) Furniture sold on credit to Mr. Ahmed

vi) Machinery purchased by cash for business use.

vii) Computer purchased on credit for business use from Mr. Azan

viii) Office salary paid by cash

ix) Office electricity expenses paid by bank muscat

x) Cash deposited into bank muscat

xi) Cash withdrawn from Bank Dofhar

xii) Rent received by cash

xiii) Interest received from bank muscat

xiv) Commission received by cash

xv) Cash paid to Mr. Mohammed

xvi) Cash received from Mr. Ahmed