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Create journal entries for the following transactions: Create journal entries for the following transactions: 1. Premier Logistics Company owner started business with a capital of

Create journal entries for the following transactions:

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Create journal entries for the following transactions: 1. Premier Logistics Company owner started business with a capital of OMR 100,000 in cash 2. He purchased some spares, fuel and accessories (supplies) for OMR 8,000 3. He received a cash from 'Al Hail Tours' OMR 25,000 for the services provided by him 4. He purchased some goods from 'Care Company' for OMR 12,000 on credit 5. He sold some goods to 'Pure Plastics Company' on credit for OMR 15,000 6. He received payment from 'Pure Plastics Company' by cheque 7. He purchased a laptop for OMR 200 and Furniture for OMR 1,000 for cash 8. He sold goods to 'Southwest Traders' for cash OMR 30,000 9. He purchased goods on credit from 'Sultan Brothers' OMR 10,000 10. He paid salaries to the employees OMR 9,000 1 1. He incurred expenses on cleaning and maintenance OMR 250 12. Purchased a small car for OMR 7,000 for cash

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