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Journalize the following transactions in the books Mr. Ammar and post them into ledger and perform trial balance August1​Started business with Capital OMR ___105000 August 3   ​Bought Van for OMR 15,000 August 5 ​Purchasegoods for cash OMR 90,000 August 10    ​Bought goods from Ahmedfor OMR 2000 and paid OMR 1000 cash and                           remaining on account/ credit August 12​Sold goods for Cash for OMR 3000 August 18 ​Sold goods to Mr. Ahmed OMR _4000 August 19​Paid cash to Ahmed OMR ___1000_ August 24​Received Cash from Ahmed OMR 5,000

Journalize the following transactions in the books Mr. Ammar and post them into ledger and perform trial balance August1​Started business with Capital OMR ___105000 August 3   ​Bought Van for OMR 15,000 August 5 ​Purchasegoods for cash OMR 90,000 August 10    ​Bought goods from Ahmedfor OMR 2000 and paid OMR 1000 cash and                           remaining on account/ credit August 12​Sold goods for Cash for OMR 3000 August 18 ​Sold goods to Mr. Ahmed OMR _4000 August 19​Paid cash to Ahmed OMR ___1000_ August 24​Received Cash from Ahmed OMR 5,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Journalize the following transactions in the books Mr. Ammar and post them into ledger and perform trial balance

August1​Started business with Capital OMR ___105000

August 3   ​Bought Van for OMR 15,000

August 5 ​Purchasegoods for cash OMR 90,000

August 10    ​Bought goods from Ahmedfor OMR 2000 and paid OMR 1000 cash and  

                        remaining on account/ credit

August 12​Sold goods for Cash for OMR 3000

August 18 ​Sold goods to Mr. Ahmed OMR _4000

August 19​Paid cash to Ahmed OMR ___1000_

August 24​Received Cash from Ahmed OMR 5,000

 

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