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Question2. Journalize the following transactions in General Journal. [1 X 18 = 18 Marks] On 1s* January 2019 the owners started their business with $125

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Question2. Journalize the following transactions in General Journal. [1 X 18 = 18 Marks] On 1s* January 2019 the owners started their business with $125 000 deposited into the company's bank account. On 2nd January the company sold Land for $ 60 000 by cheque. On 3rd January the company sold Cars for $20 000on credit. On 4th January the company paid Salaries $10 000 by cheque. On 5th January the company received Rent Revenue $5 000 by cheque. On 6th January the company received $75 000 loan from the Sohar bank and deposited into the company bank account On 7th January the company bought Land costs $100 000on credit. On 8th January the company bought Cars for $45 000using cheque. On 9th January the company bought Goods for $60 000on credit. On 10th January the company received Service revenue$ 5 000 Cash. On 11 January the company received Interest revenue $ 7 500 by cheque. On 12th January the company paid Rent Expenses $ 5 000 Cash. On 13th January the company bought Goods for $ 40 000 by cheque. On 14th January the company sold Goods for $ 110 000 by cheque. On 15th January the company sold Goods for $ 50 000on credit. On 16 January the company paid Phone expenses for $ 7 500 by cheque. On 17th January the company received Rent revenue$ 5 000 by cheque. On 18'h January the company paid Interest expenses$ 5 000 by cheque

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