ASSIGNMENT PRINCIPLES OF ACCOUNTING (BAAC 1102) Given below are the transactions related to Hilal Enterprises for the month of April 2016. Date Transactions April 2016, Mr. Hilal is the proprietor started business with (i) cash 200,000 and 1 (ii) Machinery 100.000 3 Purchased Building for OMR 60.000 and paid OMR 40.000 in cash and remaining amount to be paid in the near future 5 Purchased goods for cash OMR 15,000 6 Purchased furniture for office purposes for cash for OMR 900 7 Sold goods for cash for OMR 12.000 8 Paid Electricity bill expenses for OMR 300 9 Purchased stationery for office use for OMR 240 10 Purchased goods from Al Jabal Limited for OMR 30,000 Sold goods on credit from Abbas LLC, Sohar for OMR 30.000 12 Paid telephone bill for OMR 600 Paid the remaining OMR 20,000 for the building bought on 3 April 15 Paid Water bill for OMR 900 17 Interest received for OMR 1.800 22 Sold goods to Mr. Khalid for OMR 21000 25 Paid Salary to Employees for OMR 1800 26 Mr. Hilal withdraw cash for personal use for OMR 1500 31 Mr. Hilal withdraw goods for personal use for OMR 600 (136640 Closing Stock OMR 7,000 REQUIRED Prepare 1. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet ASSIGNMENT PRINCIPLES OF ACCOUNTING (BAAC 1102) Given below are the transactions related to Hilal Enterprises for the month of April 2016. Date Transactions April 2016, Mr. Hilal is the proprietor started business with (i) cash 200,000 and 1 (ii) Machinery 100.000 3 Purchased Building for OMR 60.000 and paid OMR 40.000 in cash and remaining amount to be paid in the near future 5 Purchased goods for cash OMR 15,000 6 Purchased furniture for office purposes for cash for OMR 900 7 Sold goods for cash for OMR 12.000 8 Paid Electricity bill expenses for OMR 300 9 Purchased stationery for office use for OMR 240 10 Purchased goods from Al Jabal Limited for OMR 30,000 Sold goods on credit from Abbas LLC, Sohar for OMR 30.000 12 Paid telephone bill for OMR 600 Paid the remaining OMR 20,000 for the building bought on 3 April 15 Paid Water bill for OMR 900 17 Interest received for OMR 1.800 22 Sold goods to Mr. Khalid for OMR 21000 25 Paid Salary to Employees for OMR 1800 26 Mr. Hilal withdraw cash for personal use for OMR 1500 31 Mr. Hilal withdraw goods for personal use for OMR 600 (136640 Closing Stock OMR 7,000 REQUIRED Prepare 1. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet