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Given below are the transactions related to Mohammed Enterprises for the month of March 2017....

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Accounting

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Given below are the transactions related to Mohammed Enterprises for the month of March 2017. Date Transactions OMR March 2017,1 Mr. Mohammed is the proprietor started business with Cash 75,000 and (ii) Machinery 25,000 3 Purchased Building for OMR 40,000 and paid OMR 30,000 in cash and remaining amount to be paid in the near future Borrow money from Bank Muscat 10,000 5 Purchased goods for cash 17,000 6 Purchased a computer for office purposes 600 7 Cash Sales 8,000 & Paid electricity expenses 200 9 Purchased stationery for office use 160 10 Purchased goods from XYZ Limited 20.000 11 Sold goods on credit from ABC LLC Saham 20,000 12 Paid telephone charge 400 14 Paid the remaining OMR 10,000 for the building bought on 3rd March 15 Paid rent 600 17 Commission received 1,200 22 Sold goods to Mr. Ali Ibrahim for Cash 12,000 25 Paid Salary to Employees 1,200 26 Mr. Mohammed withdraw cash for personal use 1.000 REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet

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