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The following are the transactions occurred in the first month of his business E&O Consultancy. January 1. Mr.said introduced RO.45,000 as initial investment to start

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The following are the transactions occurred in the first month of his business E&O Consultancy. January 1. Mr.said introduced RO.45,000 as initial investment to start his new business 2. Business purchased 10 computers for RO.2,500 from Alain computers and paid cash RO.800 immediately and balance agreed to pay later 3. Business obtains a loan of RO.15,000 from a bank in Sohar 5. Business provide audit service to a listed company invoice has given for OR. 1500, but the client informed that they can pay only next month. 8. Purchase office furniture for RO.1,200 and paid cash immediately 12. Business provided accounting service to a local customer and collected cash R0.700 15. Business paid rent for the whole year in advance RO.950 18. During the month Business earned RO. 1,200 from a customer for internal audit service, collected cash R0.700 as advance and the balance the client agreed to pay later. 20. Firm provide accounting service to a small sole proprietorship business for credit RO.800 24. Business paid salary to all office staff totaled RO.1,500 27. Paid the balance full amount to Alain computers for the purchase of computer 28. Business paid RO.700 as rent to the landlord 31. Business received RO.500 from a customer, who previously invoiced for the service for credit. The following are the transactions occurred in the first month of his business E&O Consultancy. January 1. Mr.said introduced RO.45,000 as initial investment to start his new business 2. Business purchased 10 computers for RO.2,500 from Alain computers and paid cash RO.800 immediately and balance agreed to pay later 3. Business obtains a loan of RO.15,000 from a bank in Sohar 5. Business provide audit service to a listed company invoice has given for OR. 1500, but the client informed that they can pay only next month. 8. Purchase office furniture for RO.1,200 and paid cash immediately 12. Business provided accounting service to a local customer and collected cash R0.700 15. Business paid rent for the whole year in advance RO.950 18. During the month Business earned RO. 1,200 from a customer for internal audit service, collected cash R0.700 as advance and the balance the client agreed to pay later. 20. Firm provide accounting service to a small sole proprietorship business for credit RO.800 24. Business paid salary to all office staff totaled RO.1,500 27. Paid the balance full amount to Alain computers for the purchase of computer 28. Business paid RO.700 as rent to the landlord 31. Business received RO.500 from a customer, who previously invoiced for the service for credit

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