Task 1: The company of Saham for Oil and Gas, having different branches around Sultanate of Oman. The company hired Ali as accounting manager. The company wishes from Ali to explain about accounts receivable accounting to the top management and expects you to understand the following relating to accounts receivable and prepare necessary journal entries and accounting treatment for the year ended 31^("st ") December 2021. The company sells goods on RO 150,000 for cash and RO 300,000 on credit basis to various customers in the company. The company has received RO 50000 towards credit sales and the rest is receivable according to the terms of the business transaction. Later, the company has not received any money out of the