A)Mustafa constructions and Real estate LLC is involved in the construction and sale of apartment flats. The company is involved in two types of economic activity. Firstly, The company rents out one of its own commercial apartments worth OMR140,000 to a training institute on the lease agreement. The training institute pays equal monthly rentals of OMR 4,500 to Mustafa constructions and Real estate LLC. There is no other role by the Mustafa constructions and Real estate LLC other than lease deal. On 15 March 2018, Mustafa constructions and Real estate LLC sold three flats from its newly constructed building project to different individual customers the total worth of these flats was OMR 78,000. All the flats in this newly constructed building are held for sale.

Secondly, Mustafa Real Estate LLC has purchased two long trailer trucks worth OMR 21,000 each. These long truck trailers are capable of cross country transportation. The company has leased these two trucks to a Muscat based transporting company. The payments to these rental are based on the distance traveled with few additional clauses. On an average, the Muscat based transport company pays OMR1,800 per month as a rental.

Required: As an accounting student, explain the accounting treatment for the above scenario considering international accounting standards. ( please I WENT the best answer)

B)Makkah furniture LLC is manufacturer of furniture and wooden items for the households. They buy raw materials from various sources local and imported supplier and the transaction are mostly conducted on credit basis but, for local customers transactions are mostly done on cash basis. Their main business is to convert the raw material into designer furniture and sell to customer. Imagine there is no opening balance of cash. The following are the list of transactions of Makkah Furniture LLC for the month of April 2020.

1-On 4th April 2020, Mr. Yousuf the owner of Makkah Furniture LLC invested OMR 50,000 in cash into the company.

2-5th April Mr. Yousuf borrowed a loan of OMR 20,000 from his friend Mr. Suleiman without any interest.

3-On April 7th Makkah furniture LLC purchased two trucks, each one of them costing OMR 29,000.

4-On 8th April the Makkah furniture LLC purchased supplies of stationery for OMR 6,000 on credit.

5-On 12th April, the furniture company manufactures furniture and makes a sale to its customers and receives a price of OMR 12,000.

On 16th April, Makkah furniture LLC pays OMR 2,000 to its creditors for supplies

7-On 20th April, Makkah furniture LLC pays salaries to its employees, amounting to OMR 4,000 and as office rent OMR1,200.

. 8-On April 26th the Makkah furniture LLC delivers the furniture to a customer. The customer agreed to pay the price of OMR 8,000 a month later due to the insufficiency of funds.

On April 28th Mr. Yousuf withdraws OMR 3,500 for his personal use.9-

10-On 30th April the Makkah furniture company received proceeds from the sale of old machinery worth OMR2,000.

Required: you are required to prepare a cash flow statement using the direct method and find out the cash balance at the end of the month.