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1^st January, 2021 Invested capital OMR 15,000

4^th January, 2021 purchased Computer for OMR 500

5^th January, 2021 purchased raw material OMR 1,000

6^th January, 2021 sold goods to Mr. Zahir for cash OMR 500

7^th January, 2021 sold goods for cash OMR 200

9^th January, 2021 Paid office rent OMR 150

11^th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300

12^th January, 2021 purchased raw material for cash OMR 200

12^th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later

15^th Paid salary OMR 150

15^th Paid wages OMR 100

18^th Purchased office furniture for OMR 800

19^th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800

20^th Paid electricity charges OMR 50

20^th Paid internet charges OMR 30

Required:

1. Journalize the above transactions.
2. Post to the Ledger
3. Prepare trial balanc

   1^st January, 2021 Invested capital OMR 15,000

   4^th January, 2021 purchased Computer for OMR 500

   5^th January, 2021 purchased raw material OMR 1,000

   6^th January, 2021 sold goods to Mr. Zahir for cash OMR 500

   7^th January, 2021 sold goods for cash OMR 200

   9^th January, 2021 Paid office rent OMR 150

   11^th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300

   12^th January, 2021 purchased raw material for cash OMR 200

   12^th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later

   15^th Paid salary OMR 150

   15^th Paid wages OMR 100

   18^th Purchased office furniture for OMR 800

   19^th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800

   20^th Paid electricity charges OMR 50

   20^th Paid internet charges OMR 30

   Required:

4. Journalize the above transactions.
5. Post to the Ledger
6. Prepare trial balance

   1^st January, 2021 Invested capital OMR 15,000

   4^th January, 2021 purchased Computer for OMR 500

   5^th January, 2021 purchased raw material OMR 1,000

   6^th January, 2021 sold goods to Mr. Zahir for cash OMR 500

   7^th January, 2021 sold goods for cash OMR 200

   9^th January, 2021 Paid office rent OMR 150

   11^th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300

   12^th January, 2021 purchased raw material for cash OMR 200

   12^th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later

   15^th Paid salary OMR 150

   15^th Paid wages OMR 100

   18^th Purchased office furniture for OMR 800

   19^th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800

   20^th Paid electricity charges OMR 50

   20^th Paid internet charges OMR 30

   Required:

7. Journalize the above transactions.
8. Post to the Ledger
9. Prepare trial balance

   1^st January, 2021 Invested capital OMR 15,000

   4^th January, 2021 purchased Computer for OMR 500

   5^th January, 2021 purchased raw material OMR 1,000

   6^th January, 2021 sold goods to Mr. Zahir for cash OMR 500

   7^th January, 2021 sold goods for cash OMR 200

   9^th January, 2021 Paid office rent OMR 150

   11^th January, 2021 purchased raw material on for cash from Mr. Saeed OMR 300

   12^th January, 2021 purchased raw material for cash OMR 200

   12^th January, 2021 sold goods for OMR 500 to Mr. Abdullah and will receive money later

   15^th Paid salary OMR 150

   15^th Paid wages OMR 100

   18^th Purchased office furniture for OMR 800

   19^th Purchased goods from Mr. Naseer and promised to pay money after 20 days OMR 800

   20^th Paid electricity charges OMR 50

   20^th Paid internet charges OMR 30

   Required:

10. Journalize the above transactions.
11. Post to the Ledger
12. Prepare trial balance

Answer & Explanation Solved by verified expert

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