Identify the account that will be debited and credited in the following transactions and identify the type of voucher January 2020 1-1-2020 Yasir started Universal Business Solutions by bringing cash OMR 300,000 2-1-2020 Yasir paid OMR750 to purchase a computer with pre-loaded Tally 9. The computer does not have any disposal value at the end of its useful life of 4 years. All assets are to be depreciated using the straight-line method. 3-1-2020 Yasir opened a bank account (current account with checkbook facility) with HSBC Bank for the firm by depositing OMR100,000 4-1-2020 Yasir rented office space for OMR1,200 per month on January 4, 2020. An advance rent for one-year OMR 14,400 is paid by chegue (1010001) 5-1-2020 Yasir hired Mohammed as the Manager (Operations) on a monthly salary of OMR1,500 per month. He also hired Mr. Amjad as Assistant Manager (Marketing) on a monthly salary of OMR1,000 10-1-2020 Yasir arranged with Orchid Travelers to hire their vehicles for traveling purposes. 15-1-2020 Yasir issued cheques and purchased the following fixed assets. 1. A mobile phone for office OMR300 (useful life 5 years) - Cheque No. 1010002) 2. Furniture for OMR20,000 (useful life 5 years) - Cheque No. 1010002 3. Air conditioners for office OMR2,000 (useful life 5 years) Cheque No. 1010003 4. Electrical fittings for office OMR5,000 (useful life 10 years) Cheque No. 1010004 The assets have no disposal value at the end of its useful life. 16-1-2020 Yasit paid OMR3,000 as a security deposit for obtaining a network connection from Omantel. 17-1-2020 Yasir purchased stationery consumables worth OMR 1,000 from Global House on credit. 2. 18-1-2020 Yasir signed a contract with Silver Services to provides consultancy services at an agreed price of OMR15,000. An advance of OMR5,000 is received by cheque. 21-1-2020 Yasir deposited OMR50,000 cash in HSBC Bank. 25-1-2020 Yasir received an invoice for OMR 500 from Bishara Enterprises for printing and stationery expenses 26-1-2020 Yasir withdrew OMR1,000 from the business for personal use. 30-1-2020 Yasir paid OMR750 towards office maintenance expenses for January 2020 February 2020 1-2-2020 Yasir paid OMR500 to Bishara enterprises (towards invoice received on 25- 1-2020 towards printing and stationery expenses) 5-2-2020 Yasir paid OMR100 towards electricity utility charges. 18-2-2020 Yasir raised an invoice of OMR15,000 to Silver Services after completion of consultancy service. Silver Services paid the balance amount of OMR5,000 in cash after deducting the advance. 22-2-2020 Yasir withdrew OMR5,000 from the business for personal use. 25-2-2020 Yasir received OMR5,000 as commission income. March 2020 1-3-2020 Yasir paid OMR 1,000 towards the insurance premium for one year. This contract ensures all assets of the firm. The premium is paid for one year starting from March 2020 5-3-2020 Yasir paid salaries by cheque. (101006) 6-3-2020 Yasir received an invoice of OMR 1,000 from Bishara Enterprises towards printing and stationery expenses. 7-3-2020 Paid the amount due to Bishara Enterprises. 6-2-2020 Yasir paid salaries through cheque for January 2020 (for 25 days) Mohammed OMR1,250 Amjad OMR850 7-2-2020 Yasir received a bill of OMR150 towards internet and mobile charges and paid the amount immediately. 8-2-2020 Yasir issued a cheque (101005) of OMR1,000 to Global House. 10-2-2020 Yasir paid OMR250 towards utility charges. 15-2-2020 Yasir received a further advance of OMR5,000 from Silver Services by cheque. 16-2-2020 Yasir paid OMR150 towards miscellaneous office expenses. 17-2-2020 Yasir received OMR20,000 from Omega Infotech for the consultancy services. 7-3-2020 Yasir agreed with an Advertising Company to advertise their services for one year. An amount of OMR5,000 is paid to the Advertising Company by the issue of cheque (101007) 8-3-2020 Yasir withdrew OMR25,000 from HSBC Bank. 9-3-2020 Yasir paid OMR250 towards utility charges. 15-3-2020 Yasir paid OMR150 towards internet and mobile charges for February 2020 16-3-2020 Yasir paid OMR1,500 towards office maintenance expenses. 17-3-2020 Yasir withdrew OMR5,000 from the business for personal use. 18-3-2020 Yasir received OMR10,000 cash from MN Tech for providing consulting services. 22-3-2020 Yasir bought a vehicle from Saud Bahwan for OMR10,000 cash. The vehicle has a useful life of 5 years. No salvage value is expected after the useful life of the asset. 25-3-2020 Yasir paid OMR2,000 as advance salary to Mohammed. April 2020 1-4-2020 Yasir appointed the following staff. George Office Manager OMR1,250 Salary per month Sam Office Staff OMR500 Salary per month Manoi Office Staff OMR500 Salary per month. 5-4-2020 Yasir paid salary to Mohammed and Amjad by the issue of cheque (101008) 6-4-2020 Yasir received an invoice of OMR 1,000 from Bishara Enterprises towards printing and stationery expenses. The amount is paid by the issue of bank cheque (101009) 7-4-2020 Yasir paid OMR1,250 as office rent. 8-4-2020 Yasir received OMR35,000 by cheque from Aal Maba Trading for providing consultancy services. 9-4-2020 Yasir paid OMR500 towards utility charges. 15-4-2020 Yasir entered into an a5greement with Fitech Softwares for developing a website for the business. An advance of OMR5,000 is paid 16-4-2020 Yasir paid OMR1,000 towards office maintenance expenses. 17-4-2020 Yasir paid OMR250 towards electricity charges for the period up to March 2020. 18-4-2020 Yasir paid OMR500 as an insurance premium for insuring the vehicles bought in 22-3-2020. The amount is paid by the issue of bank chegue. 1010010 22-4-2020 Yasir paid OMR300 towards traveling expenses. 25-4-2020 Yasir withdrew OMR5,000 from the business for personal use. May 2020 1-5-2020 Yasir paid salary to the staff by cheque 2-5-2020 Yasir received OMR25,000 by cheque for consultancy services provided to Maian Trading 6-5-2020 Yasir paid OMR1,250 as office rent. 7-5-2020 Yasir transferred OMR50,000 to HSBC Bank. 8-5-2020 Yasir paid OMR750 towards utility charges. 12-5-2020 A physical examination of the stationary consumables revealed that consumables worth OMR200 are available in stock. 15-5-2020 Yasir paid OMR5000 as commission to staff as per the agreed contract terms. 17-5-2020 Yasir transferred OMR100,000 to the bank. 25-5-2020 Yasir paid OMR125,000 to buy a building. The amount is paid by the issue of bank cheque. It is expected that the building has a useful life of 20 years. 25-5-2020 Yasir paid OMR2,000 to Investors Inc. as brokerage charges. 28-5-2020 Yasir paid OMR5,000 towards marketing expenses. 30-5-2020 Yasir paid OMR1,000 towards office maintenance expenses. 30-5-2020 Yasir paid OMR250 towards electricity charges for the period up to May 2020