ASSIGNMENT PRINCIPLES OF ACCOUNTING (BAAC 1102) Given below are the transactions related to Hilal Enterprises for the month of April 2016. Date April 2016, 3 Transactions Mr. Hilal is the proprietor started business with (i) cash 200,000 1 and (ii) Machinery 100,000 Purchased Building for OMR 60,000 and paid OMR 40,000 in cash and remaining amount to be paid soon OMR 5 Purchased goods for cash 15000 6 Purchased furniture for office purposes for cash 900 7 Sold goods for cash 12000 8 Paid Electricity bill expenses 300 9 Purchased stationery for office use 240 10 Purchased goods from Al Jabal Limited 30000 11 Sold goods on credit from Abbas LLC, Sohar 30000 12 Paid telephone bill 600 14 Paid the remaining OMR 20,000 for the building bought on 3rd April 15 Paid Water bill 900 17 Interest received 1800 22 Sold goods to Mr. Khalid for Cash 21000 25 Paid Salary to Employees 1800 26 Mr. Hilal withdraw cash for personal use 1500 REQUIRED 1. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet