Given below are the transactions related to Abdullah Enterprises for the month of March 2019. Date March |OMR Transactions Mr. Abdullah is the proprietor started business with (i) (üi) 3 Purchased Building for OMR 60,000 and paid OMR 35,000 in cash and remaining amount to be paid in the near future Borrow money from Bank Muscat 5 Purchased goods for cash 6 Purchased a computer for office purposes 7 Cash Sales 8 Paid electricity expenses 9 Purchased stationery for office use 10 Purchased goods from XYZ Limited 11 Sold goods on credit from ABC LLC Saham 12 Paid telephone charge 14 Paid the remaining OMR 25,000 for the building bought on 3nd March 15 Paid rent 17 Commission received 22 Sold goods to Mr. Ali Ibrahim for Cash 25 Paid Salary to Employees 26 Mr. Abdullah withdraw cash for personal use Cash 100,000 and Machinery 50,000 2019, 1 15,000 25,500 900 12,000 300 240 30,000 30,000 600 900 1,800 18,000 1,800 1,500 REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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i need last two requirement
Given below are the transactions related to Abdullah Enterprises for the month of March 2019.
Date
March
2019, 1
Transactions
OMR
Mr. Abdullah is the proprietor started business with
(i)
(ii)
3 Purchased Building for OMR 60,000 and paid OMR 35,000
in cash and remaining amount to be paid in the near future
Borrow money from Bank Muscat
5 Purchased goods for cash
6 Purchased a computer for office purposes
7 Cash Sales
8 Paid electricity expenses
9 Purchased stationery for office use
10 Purchased goods from XYZ Limited
11 Sold goods on credit from ABC LLC Saham
12 Paid telephone charge
14 Paid the remaining OMR 25,000 for the building bought on
3nd March
15 Paid rent
17 Commission received
22 Sold goods to Mr. Ali Ibrahim for Cash
25 Paid Salary to Employees
26 Mr. Abdullah withdraw cash for personal use
Cash 100,000 and
Machinery 50,000
15,000
25,500
900
12,000
300
240
30,000
30,000
600
900
1,800
18,000
1,800
1,500
REQUIRED TO PREPARE
A. Journal Entries
B. Ledger Accounts
C. Trial Balance
D. Income Statement
and
E. Balance Sheet
Transcribed Image Text:Given below are the transactions related to Abdullah Enterprises for the month of March 2019. Date March 2019, 1 Transactions OMR Mr. Abdullah is the proprietor started business with (i) (ii) 3 Purchased Building for OMR 60,000 and paid OMR 35,000 in cash and remaining amount to be paid in the near future Borrow money from Bank Muscat 5 Purchased goods for cash 6 Purchased a computer for office purposes 7 Cash Sales 8 Paid electricity expenses 9 Purchased stationery for office use 10 Purchased goods from XYZ Limited 11 Sold goods on credit from ABC LLC Saham 12 Paid telephone charge 14 Paid the remaining OMR 25,000 for the building bought on 3nd March 15 Paid rent 17 Commission received 22 Sold goods to Mr. Ali Ibrahim for Cash 25 Paid Salary to Employees 26 Mr. Abdullah withdraw cash for personal use Cash 100,000 and Machinery 50,000 15,000 25,500 900 12,000 300 240 30,000 30,000 600 900 1,800 18,000 1,800 1,500 REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet
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