Write business name/address/website, nature of business, type of business organization, capital invested (in Omani riyals), company assets and liabilities, a few imaginary incomes and expenses of the company, and write 10 transactions along the following example March 1: the owner of the business invested
Write business name/address/website, nature of business, type of business organization, capital invested (in Omani riyals), company assets and liabilities, a few imaginary incomes and expenses of the company, and write 10 transactions along the following example
March 1: the owner of the business invested OMR 10,000 cash.
March 2: Paid rent OMR 200
March 8: Purchased Office Supplies from Ali Traders for OMR 5,000, paid only OMR 3000 cash, the remaining on account.
March 15: Provided Services to a customer OMR 5000 on Credit
March 20: Purchased furniture for cash OMR 5,000
March 25: Paid the remaining amount to Ali traders.
March 26 Provided Services to Ms. hind OMR 3000 and received only 50% cash. The balance to be received next month.
March 27: Withdrew cash OMR 500 for buying a gift to her sister
March 28: Received cash from a customer billed on March 15.
March 30: Provided Services for Cash OMR 2,300
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