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Mr. Abdullah formed Al-Noor Enterprises on February 2021 . During the month, the following financial transactions occurred: Review and find the mistake of the following
Mr. Abdullah formed Al-Noor Enterprises on February 2021 . During the month, the following financial transactions occurred:
Review and find the mistake of the following transactions which is recorded in general journal and
rewrite them.
(10 mark )
2021, February 10 16 23 28
Particulars
Rent Expense Cash
Abdullah, Withdrawal Expense
Date 2020 Feb.
Paid the months rent OR 700
Withdrew OR 10,000 for personal use. Collected OR 9,000 from Bahwan Company. Sold goods for cash OMR 15,000
Al-Noor Enterprises for January Ref.
Debit
700 700
10,000
10,000
15,000
Credit
10,000
10,000
15,000
11
16
23
30
Cash
Sales
Accounts Payable
Cash
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