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Q. I Following is the Trial Balance of Mohammad Ltd. as on March 31, 2018: Mohammad Ltd. Trial Balance As on March 31, 2018 Dr.

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Q. I Following is the Trial Balance of Mohammad Ltd. as on March 31, 2018: Mohammad Ltd. Trial Balance As on March 31, 2018 Dr. Cr. Particulars Amount Amount OMR OMR 1,100,000 Cash A Capital etY Plant 750,000 s0,000 25,000 Furniture A 40,000 Bank Loan enit Purohase exfenbe Sales (evealc Drawings equ Accounts Receivable A Accounts Payable o iSalary exfeas e 500,000 750,000 5,000 90,000 255,000 40,000 20,000 FRent Bk o FO0an 1,800,000 1,800,000 Hov Interest Total Prepare: Income Statement for the year ending March 31, 2018 Statement of Owners Equity i. as on March 31, 2018. ii aubshads =20,000 ny Balance Sheet as on March 31, 2018. iii Additional Information Tb J. Salary outstanding 10,000 Riyals Interest Income Accrued 2,000 Riyals 3. Rent Expenses paid in Advance 5,000 Riyals tilt Depreciation Expenses 15,000 Riyals against Plant asset lo oe 12eeo- 000 2 utre Dep clwayeapeuse 15 se odd it to e fad intred oud Assels Zoura se it Twe giny to add Pletaudstanding afain as we heuld to he selor houl e tr.dd Bolance. Or or cr

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