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Given below are the transactions related to Abdullah Enterprises for the month of March 2019. Date Transactions OMR March Mr. Abdullah is the proprietor started
Given below are the transactions related to Abdullah Enterprises for the month of March 2019. Date Transactions OMR March Mr. Abdullah is the proprietor started business with 2019, 1 (1) Cash 100,000 and (ii) Machinery 50,000 3 Purchased Building for OMR 60,000 and paid OMR 35,000 in cash and remaining amount to be paid in the near future Borrow money from Bank Muscat 15,000 5 Purchased goods for cash 25,500 6 Purchased a computer for office purposes 900 7 Cash Sales 12,000 8 Paid electricity expenses 300 9 Purchased stationery for office use 240 10 Purchased goods from XYZ Limited 30,000 11 Sold goods on credit from ABC LLC Saham 30,000 12 Paid telephone charge 600 14 Paid the remaining OMR 25,000 for the building bought on 3rd March 15 Paid rent 900 17 Commission received 1,800 22 Sold goods to Mr. Ali Ibrahim for Cash 18,000 25 Paid Salary to Employees 1,800 26 Mr. Abdullah withdraw cash for personal use 1,500 REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet
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