Given below are the transactions related to Hameed Enterprises for the month of March 2021. Date Transactions March 2021, Mr. Hameed is the proprietor started business with Cash 35,000 and Machinery 15,000 OMR (i) (ii) 3 Purchased Building for OMR 20,000 and paid OMR 15,000 in cash and remaining amount to be paid soon Borrow money from Bank Muscat 5 Purchased goods for cash 6 Purchased a computer for office purposes 7 Cash Sales 8 Paid electricity expenses 9 Purchased stationery for office use 10 Purchased goods from XYZ Limited 11 Sold goods on credit from ABC LLC Saham 12 Paid telephone charge 14 Paid the remaining OMR 5,000 for the building bought on 3rd March 15 Paid rent 17 Commission received 22 Sold goods to Mr. Ali Ibrahim for Cash 25 Paid Salary to Employees 26 Mr. Hameed withdraw cash for personal use 5,000 8,500 300 4,000 100 80 10,000 10,000 200 300 600 6,000 600 500 REQUIRED TO PREPARE A. Joumal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet
Given below are the transactions related to Hameed Enterprises for the month of March 2021. Date Transactions March 2021, Mr. Hameed is the proprietor started business with Cash 35,000 and Machinery 15,000 OMR (i) (ii) 3 Purchased Building for OMR 20,000 and paid OMR 15,000 in cash and remaining amount to be paid soon Borrow money from Bank Muscat 5 Purchased goods for cash 6 Purchased a computer for office purposes 7 Cash Sales 8 Paid electricity expenses 9 Purchased stationery for office use 10 Purchased goods from XYZ Limited 11 Sold goods on credit from ABC LLC Saham 12 Paid telephone charge 14 Paid the remaining OMR 5,000 for the building bought on 3rd March 15 Paid rent 17 Commission received 22 Sold goods to Mr. Ali Ibrahim for Cash 25 Paid Salary to Employees 26 Mr. Hameed withdraw cash for personal use 5,000 8,500 300 4,000 100 80 10,000 10,000 200 300 600 6,000 600 500 REQUIRED TO PREPARE A. Joumal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 3PB: Hajun Company started its business on May 1, 2019. The following transactions occurred during the...
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i need last two requirement
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