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Problem: Mohammed started delivery cinny in Muscat in June 2018 (Mohammed Delivery Service). During the month of Juane, several transactions occurred which are a follows::
Problem: Mohammed started delivery cinny in Muscat in June 2018 (Mohammed Delivery Service). During the month of Juane, several transactions occurred which are a follows:: June 5, The owner invested OMR 235,000 June 8, Purchase van for OMR 220, 000 and paid 212, 000 in cash and the remaining annount to be paid in the near future June 10, Performed a service of account for OMR 25,000. June 12. Paid OMR2, 500 for office rent June 13. Paid the remaining OMR 28,000 for the van bought on 8 June June 18. Received cash OMR 25,000 for the service provided on 10 June June 20. Purchased supplies for OMR 27,000 on account. June 24, Paid electricity bill OMR 2, 250 June 28, Paid OMR 27,000 for the supplies bought on 20 June. REQUIRED Prepare 1. Journal entries 2. Ledgers 3, Trial Balance 4 Income statement 5. Balance Sheet
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