Following information is relevant for Questions 2-5 Al Nasr Legal Consultancy is owned and managed by Mr. Fisal. The firm is providing legal services for individuals and corporate. The transactions of Al Nasr for the month of December 2019 are given as follows: December 3 Borrowed OMR 3000 from Bank Sohar by signing a 3 month note. December 5 Paid membership fee of Association of Lawyers OMR 200. December 8 Rent for the month OMR 200. December 9 Purchased office supplies OMR 100. December 11 Fees collected for the legal service provided to Mr. Amir. OMR 200 December 14 Paid OMR 100 commission to Mr. Jameel, an agent of Al Nasr. December 15 Bought Canon i-Sensys printing machine from Extra for OMR 160, agreed to make payment in the next month. December 17 Provided arbitration services to a client for OMR 1000. OMR 600 received now and the client agreed to pay the balance later. December 18 Mr. Fisal withdrew OMR 1,000. December 20 An office table was purchased on credit from Office Furnishers OMR 300. Paid OMR 170 and agreed to pay December 20 An office table was purchased on credit from Office Furnishers OMR 300. Paid OMR 170 and agreed to pay the balance in future. December 22 Settled the account of Extra by paying the whole amount December 24 Earned OMR 2,500 for the legal consultancy provided to a reputed customer, amount to be received later, December 26 Collected cash for the services provided on December 17. December 29 Mr.Fisal brought an additional capital of OMR 3,000. December 30 Salary paid to the office staff OMR 700. O Question 2: Analyze the transactions during December and show their effect on the accounting equation. (10 Marks) Answer: A Question 3: Pass journal entries for the transactions of December 2019. (10 Marks) Answer: Question 4: Prepare ledger accounts and find the balances at December 31, 2019. (10 Marks)