1.1.2020  Mr. Salim Ahmed started business as Ahmed Enterprise with OMR 70000 cash and Furniture valued at RO. 30000 as capital 15. 2. 20  Opened Bank Account and deposited 45000 OMR Cash 29.3.20  Purchased goods from Sharuk Traders for OMR 14500, paid 10% cash and remaining on credit. 21.6.20  Sold goods for 14000 OMR . 50% received in cash remaining on account to M/s. Muscat Enterprises 4.9.2017  Purchased building from Ansari Traders 25000 OMR , paid by cheques full amount . 9.12. 20  Settled accounts of Sharuk Traders by cheque. 29.12.20   Paid Salary expense 500 OMR for the month of December cash 31.12.20  Received rent revenue of 1200 OMR in cash . Required : Post them into the ledger accounts

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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 Date  

Transaction

1.1.2020 

Mr. Salim Ahmed started business as Ahmed Enterprise with OMR 70000 cash and Furniture valued at RO. 30000 as capital

15. 2. 20 

Opened Bank Account and deposited 45000 OMR Cash

29.3.20 

Purchased goods from Sharuk Traders for OMR 14500, paid 10% cash and remaining on credit.

21.6.20 

Sold goods for 14000 OMR . 50% received in cash remaining on account to M/s. Muscat Enterprises

4.9.2017 

Purchased building from Ansari Traders 25000 OMR , paid by cheques full amount .

9.12. 20 

Settled accounts of Sharuk Traders by cheque.

29.12.20  

Paid Salary expense 500 OMR for the month of December cash

31.12.20 

Received rent revenue of 1200 OMR in cash .

Required :

Post them into the ledger accounts

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Account:______________

DATE

PARTICULARS

AMT.

DATE

PARTICULARS

AMT.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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