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please can you solve this problem to look like this ? Show the accounting equation based on following transaction. 1. Mr. Ahamed started business OMR
please can you solve this problem
Show the accounting equation based on following transaction. 1. Mr. Ahamed started business OMR 20,000 2. Purchased furniture for cash OMR 3000 3. Purchased goods for cash OMR 5,500 4. Purchased goods from Mr. Salim on credit OMR 5,200. 5. Provide services for cash OMR 6,000 6. Paid for stationery OMR 300 7. Provide services to Mr. Jasim on credit OMR 7,000 8. Paid for advertisement OMR 400 9. Provide services OMR 3,400 10. Purchased goods OMR 2,100 11. Paid to Mr. Salim OMR 4,000 12. Received cash from Mr. Jasim OMR 5,500 13. Received commission OMR 300 14. Withdraw for personal use OMR 300 + Exp. Drawings Assets = Liabilities + Equity Trans- Accounts Accounts Cash action Receivable + Supplies +Equipment Payable + Ahmed'sCapitev. 1. +15,000 +15,000 2. -7,000 +7.000 3. +1.600 +1,600 4. +1,200 +1,200 Balance +9,200 +1,600 +7,000 = +1.600 +16,200 + 17,800 +17,800 to look like this ?
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