Question
Journalize the following transactions in the books Mr. Akbar, post them in ledgers. 2020 January 1 January 3 January 4 January 5 January 7 January
Journalize the following transactions in the books Mr. Akbar, post them in ledgers. 2020 January 1 January 3 January 4 January 5 January 7 January 10 January 11 January 12 January 18 January 19 January 20 January 24 January 29 January 30 Owner started business with Cash OMR Bought supplies for Cash OMR 5,000. Bought Equipment of OMR through cheque Purchased goods for cash OMR 90,000 Paid rent of office OMR 1,000 with a cheque. Bought goods from Hamid on Credit OMR Paid wages for OMR 2,000. Sold goods for Cash for OMR Sold goods to Ahmed OMR Paid cash to Hamid OMR Paid internet bill OMR 500 in cash. Received Cash from Ahmed OMR 5,000. Money withdrawn OMR 5,000 for personal use. Deposited OMR 3,000 cash in to business bank account Note: The assignment has to be submitted as a soft copy in E-Learning
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started