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Given below are the transactions of Mr. Zain for the month of April 2021 Date Transactions 1-Apr Mr. Zain started a business with cash OMR
Given below are the transactions of Mr. Zain for the month of April 2021 Date Transactions 1-Apr Mr. Zain started a business with cash OMR 12,500 and furniture OMR 350. 2-Apr Opened a band account Deposited OMR 700 with Bank 13-Apr Purchased inventory for OMR 6000 from a supplier and paid OMR 2000 immediately and the remaining amount to be paid in the month of May 15-Apr Sold goods to Mr. Abid Omr 750 19-Apr Paid insurance premium covering for six month til September 20-Apr Received amount from customer for goods sold on 15-April 29-Apr Paid advertising expenses OMR 18 1. What is the journal entry for the transaction dated 2 April? 2. What is the journal entry for the transaction dated 29 April? 3. What is the account to be debited in the transaction dated 19 April? 4. What is the account to be credited in the transaction dated 13 April? 5. What is the accounts to be debited in the transaction dated April 20
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