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Course: Question Below is information related to Dubai Trading Co though September 2015 1. On Sep 1, the company started the Business with Capital of

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Course: Question Below is information related to Dubai Trading Co though September 2015 1. On Sep 1, the company started the Business with Capital of 400,000 Dhs. deposited in the ADIB Bank 2- On October 3, Dubai Trading Co. Borrowed 50,000 Dhs. from ABC Bank (Bank loan) received the amount cash 3- On October 6, Dubai Trading Co. purchased office equipment from Noor Co. on Credit costs 60,000 Dhs. 4. On October 10, Dubai Trading Co. transferred 20,000 Dhs. from the cash to the ADIB Bank. 5. On October 12, Dubai Trading Co. Purchased product from Liza Co. for 30,000 Dhs., paid 10,000 Cash the balance on Credit 6- On October 15, Dubai Trading Co. sold product for 16,000 Dhs. cash 7- On October 20, Dubai Trading co. sold product for 35,000 Dhs. to Ali on credit. 8- On October 25, Dubai Trading co. paid 10,000 DHS. to Liza by chick at ADIB Bank. 9. On October 28, Dubai trading co. paid 45,000 DHS. Employees' salaries from ADIB Bank. 10- On October 30, Dubai Trading co. paid 2000 Dhs Utilities Expanses Cash. Instructions 1. Journalize these transactions in the Dubai Co. General Journal 2- Post all accounts to the General ledger 3. Prepare the Trial Balance for Dubai Co. as on October 31,2015

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