Prepare the required Ledger Accounts as per the case given below.

Here are the General Journal entries. The amounts are in Omani Rial.

Date - March Particulars Ref. Debit Credit 2020 1 Cash 300,000 Capital 300,000 2 Cash 100,000 Loans Payable 100,000 4 Land 50,000 Accounts Payable 50,000 6 Furniture 5,000 Cash 5,000 8 Accounts Receivable 50,000 Sales 50,000 10 Purchases 10,000 Cash 10,000 14 Salaries 5,000 Cash 5,000 15 Purchases 50,000 Accounts payable 50,000 16 Equipment 20,000 Cash 20,000 17 Accounts Payable 50,000 Cash 50,000 21 Cash 40,000 Accounts Receivable 40,000 22 Accounts Payable 10,000 Cash 10,000 23 Cash 10,000 Accounts Receivable 10,000 24 Accounts Payable 5,000 Cash 5,000 25 Loans Payable 5,000 Cash 5,000 26 Cash 20,000 Sales 20,000 28 Drawings 3,000