Question
On April 1, Maryam established Maryam's Travel Agency. The following transactions were completed during the month: Pass journal entries to record the following transactions 1
On April 1, Maryam established Maryam's Travel Agency. The following transactions were completed during the month: Pass journal entries to record the following transactions 1 April 2 April 3 April 4 April S April 6 April Performed services worth OMR 10,000: OMR 3,000 cash is received from customers, and the balance of OMR 7,000 is billed to customers on account. Invested OMR 15,000 cash to start the agency. Paid OMR 600 cash for April office rent. Purchased equipment for OMR 3,000 cash. Incurred OMR 700 of advertising costs in Oman Times, on account. Paid OMR 900 cash for office supplies. Withdrew OMR 600 cash for personal use. Paid Oman Times OMR 500 of the amount due in transaction on 4 April. Paid employees' salaries OMR 2,500. Received OMR 4,000 in cash from customers who have previously been billed 7 April 8 April 9 April 10 April in transaction in April 6. 11 April 12 April 13 April April 15 April 16 April 17 April 18 April 19 April Received OMR 5,000 from customers as advance payment for travel services next 20 April Paid 6-month insurance to Muscat Insurance Company, OMR 600
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