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Solve the following problems: Case-1 Ahmed Al Harbi is a financial planning consultant. He completed the following transactions during the month of April of the
Solve the following problems: Case-1 Ahmed Al Harbi is a financial planning consultant. He completed the following transactions during the month of April of the current year: April 1. Invested cash in the business, OMR 25.000. 7. Purchased computer OMR 450 from E-Max, paid 60% and the balance after 15 days. 12. Received OMR 100 from a client for services rendered. 15. Paid rental of office space, OMR 125 and salaries of staff, OMR 1.500. 18. Bought office supplies on account, OMR 50. 24. Purchased a second hand computer on account, OMR 150. 28. Rendered services to clients, OMR 250, received 60% and the balances on credit. 29. Withdrew OMR 230 for personal use. 30. Paid the balance to E-Max on the purchase made on April 7. Question No. 1 a) Prepare the journal entries to record the above transactions. Use the journal provided below. Explanations are required and provide journal page number. (5 marks) b) Post the journal entries to the ledgers. Use the ledgers given. Provide Account Numbers. Show the balances b/d and c/d in the appropriate places. (5 marks) Question No. 2 Using the same data in Case -1, prepare the unadjusted trial balance
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