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The following business transactions of Mr Ha med, a sole trader. Feb 2021 (1) Brought in cash of RO 50 ,000 to start up the

The following business transactions of Mr Hamed, a sole trader.

Feb 2021

(1) Brought in cash of RO 50,000 to start up the business

(3) Purchase of supplies on credit for RO 12000 and 5000 on cash from Ajmi trading

(4) Paid salaries of RO 1200

(6) Sale of RO 1500 on credit to Kabil trading and for cash RO 5000

(9) Paid RO 8000 liability to the Ajmi trading

(10) Collection of accounts receivable RO 600 from Kabiltrading

(15) Paid RO 3000 in cash to Purchase equipment

(18) Withdraw of RO 100 for personal use

(25) Paid advertisement of RO 200

You required to:

a. Prepare Journal entries
b. Post ledger accounts
c. Trail balances

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