typed please not handwriting

Q2. Journalize the following transactions and post them into ledgers On 1 Jan 2019 Mr Ahmed started Business with cash OMR 50000 5" Jan Purchased furniture for cash OMR 5000 7" Jan sold goods on credit OMR 3000 8" Jan Purchased goods on cash OMR 6000 10Jan Received cash from customers on credit sales OMR 3000 11" Jan purchased goods on credit OMR 5000 and paid OMR 2000 immediately. 15" Jan sold old furniture for cash OMR 2500 17" Jan paid remaining cash to accounts payables on 11" January credit purchases. 25" Jan paid salaries OMR 1500 27" Jan Paid office rent, factory cleaning charges and wages OMR 5000, OMR 100 and OMR 3000 respectively 29 Jan Received commission OMR 500 30" Jan Abdullah withdrawn cash for personal use OMR 2500 (7 marks) Q.3 Assume that Mr Abdullah started his business with the intention to continue it for a long time period and not to liquidate it in near future. Explain the accounting assumption involved in the above sentence