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Question Mr. Mubarak started a courier service in Ibri, Super Couriers, on January 1, 2020. The following transactions occurred during the month of January 2020.

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Question Mr. Mubarak started a courier service in Ibri, Super Couriers, on January 1, 2020. The following transactions occurred during the month of January 2020. January 1 Mubarak invested OMR 15,000 in the business. January 3 The business borrowed OMR 5.000 from Bank Dhofar, to be repaid after 3 years. January 4 Bought a delivery van OMR 7.000 from Galaxy Automobiles. Mubarak paid OMR 2,000 and the balance will be paid later. January 5 Paid insurance for full year OMR 1,000. January 7 Billed a customer OMR 500, for delivery service and received cash. January 10 Purchased packing materials (supplies) for OMR 500 on account. January 12 Received invoice from Smooth Auto care and Service OMR 250, for the repair of delivery van. Business agreed to pay the cash later. January 14 Earned OMR 1,000 on a customer order for an overseas delivery, but not received the cash. January 15 Mubarak took OMR 300 for his personal expenses. January 18 Provided delivery service for a friend, Mr. Rasool, for OMR 300. Rasool paid OMR 180 immediately and agreed to give the balance later. January 21 Purchased a weighing machine for OMR 400 January 23 Rasool paid the balance amount on the services rendered for him. January 27 Remitted OMR 500 to Galaxy automobile January 30 Paid office rent OMR 150. January 31 Staff salary paid OMR 1,000. Required: 1. Prepare journal (3 Marks) Prepare ledger (4 Marks) 5. Prepare unadjusted trial balance (1 Marks) . Prepare Income statement (3 Marks) Prepare statement of owner's equity (1 Marks) 5. Prepare balance sheet

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