Training (1) The processes of Mohammed Mustafa Trading in November 1998: On 11/1, the Foundation (3,000 riyals) paid an advertisement in the newspapers in cash. On 11/6, the facility received a commission for selling goods on behalf of Al-Amer Company, amounting to 5000 riyals by check. On 16/11, the establishment sold goods for an amount of 15,000 riyals according to a bill of exchange due after 30 days. On 20/11, the facility purchased furniture for 30,000 riyals, and office equipment for 20,000 riyals from Al-Mutlaq Company, and paid 15,000 riyals in cash and the rest on the account. Required : Proof of previous operations in the journal
Training (1) The processes of Mohammed Mustafa Trading in November 1998: On 11/1, the Foundation (3,000 riyals) paid an advertisement in the newspapers in cash. On 11/6, the facility received a commission for selling goods on behalf of Al-Amer Company, amounting to 5000 riyals by check. On 16/11, the establishment sold goods for an amount of 15,000 riyals according to a bill of exchange due after 30 days. On 20/11, the facility purchased furniture for 30,000 riyals, and office equipment for 20,000 riyals from Al-Mutlaq Company, and paid 15,000 riyals in cash and the rest on the account. Required : Proof of previous operations in the journal
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Training (1) The processes of Mohammed Mustafa Trading in November 1998:
On 11/1, the Foundation (3,000 riyals) paid an advertisement in the newspapers in cash.
On 11/6, the facility received a commission for selling goods on behalf of Al-Amer Company, amounting to 5000 riyals by check.
On 16/11, the establishment sold goods for an amount of 15,000 riyals according to a bill of exchange due after 30 days.
On 20/11, the facility purchased furniture for 30,000 riyals, and office equipment for 20,000 riyals from Al-Mutlaq Company, and paid 15,000 riyals in cash and the rest on the account.
Required :
Proof of previous operations in the journal :
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