Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following are the some of the Abdulla business transactions during March 2019: March . 1 deposited capital of (100,000) Dhs in the bank account. 2.

Following are the some of the Abdulla business transactions during March 2019:

  1. March . 1 deposited capital of (100,000) Dhs in the bank account.

2. March 3 paid month rent of 4000 Dhs

3. March 10 purchased equipment by 6500 Dhs from Ali stores on account

4. March 15 took loan from DIB (15,000) Dhs

5. March 16 purchase 3 computers by 2000 Dhs each cash

6. March 17 provided maintenance services to his customers by 12,000 Dhs received half of it cash and the remaining is on account.

7. March 21 withdrew 5000 from the bank for his personal use

8. March 25 provided services to customers by (5000) Dhs on account

9. March 26 paid water & electricity of 3000 Dhs

10. March 30 paid salaries of 3500 Dhs cash

Required:

Record the above transactions in Ahmed business journal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Petroleum Accounting Principles Procedures And Issues

Authors: Dennis Jennings, Joe Feiten, Horace Brock

5th Edition

0940966255, 978-0940966253

More Books

Students also viewed these Accounting questions