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Solve the flowing with details please Do a and b and c with correct formating The following business transactions of Mrs.Amal, a sole trader. April
Solve the flowing with details
please Do a and b and c with correct formating
The following business transactions of Mrs.Amal, a sole trader. April 2021 (1) Capital invested as cash RO 90,000 to start up the business (5) Paid RO 50000 in cash to Purchase Factory (7) Purchase of goods on credit for RO 30000 and 20500 on cash from Royal trading (8) Sale of RO 34000 on credit to Suhail trading and for cash RO 24000 (9) Paid RO 28000 liability to the Royal trading (11) Paid advertisement of RO 12000 (17) Paid salaries of RO 3500 (16) Withdraw of RO 300 for personal use (28) Collection of accounts receivable RO 23000 from Suhail trading You required to: Prepare Journal entries b. Post ledger accounts Trail balances Note: The formatting carries 2 marks. a. cStep by Step Solution
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