For the period ended 30th November, Preparation of Financial Statements, and Compare the essential features of each financial account statement to analyse the differences between them in terms purpose

Mr. Khalid opened his company in Dhofar. Many transactions have occurred during November 2020 which is as follows: Transaction Date Transaction number Novemb ler 12 3 1" 120 30 3 17th 17 10 The owner invested OMR 32,000 cash in the business The business purchased office equipment for OMR 8,000 cash. The business purchased for OMR 1,300 on account from a supply company computer paper and other supplies expected to last for several months The business received OMR 2,100 cash from customers for programming services it has provided. The business provided OMR 1,400 of programming and maintenance services for a customer. It received cash of OMR 700, and it billed the balance on account The business purchased a one year insurance policy for OMR 1,800 cash. The business received OMR 750 for programming services that will provide during the next month. The business paid back an amount of OMR 350 to the supplier as a partial settlement of supplies purchased The business received a bill from an advertising company of OMR 150 for developing a programming advertisement. The business received OMR 600 cash from a customer that have been previously provided with programming and maintenance services. The business paid the bill due to the advertising company. The business owner withdraws OMR 1,600 cash from the business for his personal use. The business received electricity bills of OMR 85 and paid it in cash The business paid salaries and wages to employees of OMR 1,100 cash. The business paid store rent of OMR 550 9 10 21 23 11 12 27h 13 14 15 296 30" 30