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Identify the accounts that will be debited and credited in the following transactions and identify the type of voucher 7-3-2020 Yasir agreed with an Advertising
Identify the accounts that will be debited and credited in the following transactions and identify the type of voucher 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
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