Question
v 1 st January, 2021 Invested capital OMR 15,000 4 th January, 2021 purchased Computer for OMR 500 5 th January, 2021 purchased raw material
v
1st January, 2021 Invested capital OMR 15,000
4th January, 2021 purchased Computer for OMR 500
5th January, 2021 purchased raw material OMR 1,000
6th January, 2021 sold goods to Mr. Zahir for cash OMR 500
7th January, 2021 sold goods for cash OMR 200
9th January, 2021 Paid office rent OMR 150
11th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300
12th January, 2021 purchased raw material for cash OMR 200
12th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later
15th Paid salary OMR 150
15th Paid wages OMR 100
18th Purchased office furniture for OMR 800
19th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800
20th Paid electricity charges OMR 50
20th Paid internet charges OMR 30
Required:
- Journalize the above transactions.
- Post to the Ledger
- Prepare trial balanc
1st January, 2021 Invested capital OMR 15,000
4th January, 2021 purchased Computer for OMR 500
5th January, 2021 purchased raw material OMR 1,000
6th January, 2021 sold goods to Mr. Zahir for cash OMR 500
7th January, 2021 sold goods for cash OMR 200
9th January, 2021 Paid office rent OMR 150
11th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300
12th January, 2021 purchased raw material for cash OMR 200
12th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later
15th Paid salary OMR 150
15th Paid wages OMR 100
18th Purchased office furniture for OMR 800
19th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800
20th Paid electricity charges OMR 50
20th Paid internet charges OMR 30
Required:
- Journalize the above transactions.
- Post to the Ledger
- Prepare trial balance
1st January, 2021 Invested capital OMR 15,000
4th January, 2021 purchased Computer for OMR 500
5th January, 2021 purchased raw material OMR 1,000
6th January, 2021 sold goods to Mr. Zahir for cash OMR 500
7th January, 2021 sold goods for cash OMR 200
9th January, 2021 Paid office rent OMR 150
11th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300
12th January, 2021 purchased raw material for cash OMR 200
12th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later
15th Paid salary OMR 150
15th Paid wages OMR 100
18th Purchased office furniture for OMR 800
19th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800
20th Paid electricity charges OMR 50
20th Paid internet charges OMR 30
Required:
- Journalize the above transactions.
- Post to the Ledger
- Prepare trial balance
1st January, 2021 Invested capital OMR 15,000
4th January, 2021 purchased Computer for OMR 500
5th January, 2021 purchased raw material OMR 1,000
6th January, 2021 sold goods to Mr. Zahir for cash OMR 500
7th January, 2021 sold goods for cash OMR 200
9th January, 2021 Paid office rent OMR 150
11th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300
12th January, 2021 purchased raw material for cash OMR 200
12th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later
15th Paid salary OMR 150
15th Paid wages OMR 100
18th Purchased office furniture for OMR 800
19th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800
20th Paid electricity charges OMR 50
20th Paid internet charges OMR 30
Required:
- Journalize the above transactions.
- Post to the Ledger
- Prepare trial balance
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