Journalize the following transactions in the books Mr. Ammar and post them into ledger and perform trial balance August1Started 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 12Sold goods for Cash for OMR 3000 August 18 Sold goods to Mr. Ahmed OMR _4000 August 19Paid cash to Ahmed OMR ___1000_ August 24Received Cash from Ahmed OMR 5,000
Journalize the following transactions in the books Mr. Ammar and post them into ledger and perform trial balance August1Started 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 12Sold goods for Cash for OMR 3000 August 18 Sold goods to Mr. Ahmed OMR _4000 August 19Paid cash to Ahmed OMR ___1000_ August 24Received Cash from Ahmed OMR 5,000
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
August1Started 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 12Sold goods for Cash for OMR 3000
August 18 Sold goods to Mr. Ahmed OMR _4000
August 19Paid cash to Ahmed OMR ___1000_
August 24Received Cash from Ahmed OMR 5,000
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