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The solution is three tables please and the values between 100 to 1000 for transaction 2 and onward. for NOTE: Assessment weight: 15% Candidates are

The solution is three tables please
and the values between 100 to 1000 for transaction 2 and onward. image text in transcribed
for NOTE: Assessment weight: 15% Candidates are advised to read all instructions before answering ASSIGNMENT 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 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. 15 Assignment Tasks: Record the transactions in Journal marks! 2. Post to the ledger 3. Prepare a trial balance 15 marks 15 marks

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