PLEASE SOLVE IT ON A4 PAPER

Scenario: Accounting operations play a vital role in the financial performance for the companies such as sales and purchases. You are a newly hired as an Accounting Manager Assistant at Dallas Hotel in Amman and as a part of your job you have to assist in managing and monitoring the financial performance in the company. Different financial transactions happened last month in the company as below . On 4/5, the hotel sold booking services to the Turkish clients / 8400 JD by check. On 7/5, the hotel sold three tourism programs to the Kuwaiti clients as a summer vacation / 2000 JD per program in cash. On 13/5, the hotel purchased bed sheets and towels from Ikea Home Furnishing" / 5000 JD in cash. On 20/5, the hotel paid 1500 JD as insurance by check. On 25/5, the hotel paid 18000 JD by check as a salaries for the employees. . . The Accounting Manager asked you to prepare a document word that will provide a significant contribution to the department in helping the Company to maintain its competitive advantage and gain maximum profits. . for To do so, the word document including the following: A detailed examination the principles of managing and monitoring financial performance by : Identify 4 principles and explain each one in detail. . An analysis for sales and purchase transactions to compile a trial balance using double entry bookkeeping appropriately and effectively by doing the following. . Identified the process stages to prepare the trial balance starting from define the transaction then examine each stage in detail. Define the double entry system. Explain the correct way for using double entry system for booking keeping sales and purchasing transactions at each stage. Explain the importance for maintaing the accounting records. Identify the main issues may occur during the accounting cycle Accounting errors and types Record correctly transactions and produce an accurate trial balance by completing the balance off ledger accounts, checking that each transaction is recorded in line with accepted accounting principles by doing the following: Journalizing correctly the above transactions to the general journal Checking that each transaction recorded in line with accepted accounting principles. Prepare the Ledger and balance for each account Prepare the trial balance correctly