Rubric for assignment/ Output (10 Marks) Assessment Journal ledger Base (Item) Trial balance Financial statement Total Maximum Mark 2 2 2 4 10 Mr. Aseela invested RO 30,000 in a new business to start a store in Sohar. 5 Purchased one building in the market for RO 15,000 and paid cash. 7 Purchased some furniture and decorative items for the shop for RO 4000 and promised to pay after three months. 8 Purchased goods for resale for RO 3,000 and paid cash. 9 Sold some goods for RO 500 and received cash at same time. 11 Purchase goods for resale for RO 3500 on credit 12 Sold some goods for RO 2800 n credit 20 Received RO 1000 from debtors/trade receivables 22 Paid RO 1000 to creditors/ trade payables 23 Received RO 200 from debtors/trade receivables 25 Paid electricity and telephone expense RO 600 27 Paid salaries of staff RO 200 28 Purchased a delivery van for transport for RO 4000 and paid only RO 200 and promised to pay balance after six months