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March 2021, 1 Mr. Hameed is the proprietor started business with (i) Cash 35,000 and (ii) Machinery 15,000 3 Purchased Building for OMR 20,000 and

March 2021, 1 Mr. Hameed is the proprietor started business with (i) Cash 35,000 and (ii) Machinery 15,000
3 Purchased Building for OMR 20,000 and paid OMR 15,000 in cash and remaining amount to be paid soon
Borrow money from Bank Muscat 5,000
5 Purchased goods for cash 8,500
6 Purchased a computer for office purposes 300
7 Cash Sales 4,000
8 Paid electricity expenses 100
9 Purchased stationery for office use 80
10 Purchased goods from XYZ Limited 10,000
11 Sold goods on credit from ABC LLC Saham 10,000
12 Paid telephone charge 200
14 Paid the remaining OMR 5,000 for the building bought on 3rd March
15 Paid rent 300
17 Commission received 600
22 Sold goods to Mr. Ali Ibrahim for Cash 6,000
25 Paid Salary to Employees 600
26 Mr. Hameed withdraw cash for personal use 500

REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet

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