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Question Royal Decorators offers home and office interior decorations services. Ms.Shikha stated this business on November 1, 2020. During the month of November the business had the following transactions: November 1 Sheikha brought capital OMR 20,000. November 3 Purchased equipment from Beta Traders for OMR 7.000 on credit. Paid OMR 5,000 and agreed to pay the remainder later. November 6 Rendered decoration service to a customer and received OMR 1.500. November 7 Purchased supplies for OMR 400. November 8 Paid one year insurance for the business van OMR 900. November 11 Earned OMR 3000 for decorating the newly constructed house of Mr. Hamed: received OMR 1,200 and Mr. Hamed agreed to pay the balance later. November 14 Cash paid to Beta Traders OMR 1,000. November 15 Maintenance expense for the business van OMR 300. November 18 Borrowed money from a finance company OMR 5,000 by signing a 2 month note. November 20 Purchased ladders for the business on account from Jack Hardware OMR 500. November 23 Sheikha withdrew OMR 200 for her personal expenses. November 25 Paid utility bill OMR 250. November 28 Received cash from Mr. Hamed OMR 900. November 29 Salary paid for the month OMR 1,100 November 30 Provided service to Mr. Weil on credit OMR 1.500. Required: 1. Prepare journal (3 Marks) 2. Prepare ledger (4 Marks) 3. Prepare unadjusted trial balance (1 Marks) 4. Prepare Income statement (3 Marks) 5. Prepare statement of owner's equity (1 Marks) 6. Prepare balance sheet (3 Marks) ***

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