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ASSIGNMENT PRINCIPLES OF ACCOUNTING (BAAC 1102) Given below are the transactions related to Khalid Enterprises for the month of March 2015 Date Transactions OMR March 2015, 1 Mr. Mohammed is the proprietor started business with (i) cash 50,000 and (ii) Machinery 25,000 machinter s 3 Purchased Building for OMR 30,000 and paidcr OMR 20,000 in cash and remaining amount to be e paid in the near future Borrow money from Bank Muscat . 7,500 5 Purchased goods for cash Dr12.750 6 Purchased a computer for office purposes o Cash Sales 8Paid electricity expenses 9 Purchased stationery for office use 6,000 150 120 15,000 1 r tecirie 2 rsiony c 10 Purchased goods from XYZ Limited Ar br. 11 | Sold goods on credit from ABC LLC Saham a 12 Paid telephone charge 4Paid the remaining OMR 10,000 for the building | 15.000 |r, Dr Telepo ecr caa 300 bought on 3rd March aca 15 Paid rentr 17 Commission received 450 900 Sold goods to Mr. Ali brahim for Cash Dr_asn Paid Salary to Emplovees rx. Sl 4r-Sale 9,000 cru 900 26 Mr. Mohammed withdraw cash for personal use pr 31 Mr. Mohammed withdraw goods for personal use '11, 300 | Additional information Closing stock OMR 3,750 REQUIRED Prepare 1. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet