Suppose a scenario of a new startup. Ali and Rashid started a business and during the month of June, following transactions took place. [Assume any values between 100 to 1000 RO for transaction 2 and onward] June 1: Owners invested cash 20000. June 3: Purchased office supplies cash June 4: Purchase Furniture paying. June 7: Purchase equipment of on account which is payable within next three months. June 11: Paid rent of the office June 12: Paid to a XY media company for advertisement of business. June 14: Sold goods for cash June 15: Sold goods to Saeed and Company on account June 19: Purchased materials on account. June 22: Paid for purchase of equipment June 7. June 24: Purchased raw material paying cash and the rest of the amount on account. June 26: Paid salaries to staff June 28: Paid half-yearly fire insurance to Oman Insurance in advance for 2021. June 29: Received from Saeed and Company client. June 30: Borrowed 10000 form Bank Muscat to invest into company June 30: Saeed withdrew for personal use