2. The following transactions are taken from the books of Mr. Hashim for the month of...
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2. The following transactions are taken from the books of Mr. Hashim for the month of December 2023. Dece. 2 Mr. Hashim started a Services business by investing OMR 45XXX (add the last three digit of your ID number) in Cash. 4 6 9 Purchased Machinery on credit from Kevin Company OMR 3,000. The business purchased furniture from Deluxe Furniture Store for OMR 2,200. Paid OMR 1,500 immediately and agreed to pay the balance in the near future. Paid for insurance covering full year amount OMR 4,800 11 Business provided services to customer OMR 1,580 and received cash OMR 800 and the customer agreed to pay the remaining amount in one month. 16 Business earned OMR 2,200 in revenue in cash from customers for service provided. 21 62222 24 Balance paid to Deluxe Furniture Store for the furniture purchased on 6th December 2023 Paid the Electricity expenses OMR 180. 28 Staff salary paid for the month of December 2023 OMR 1,750 31 30 Received the balance cash from the customer who previously billed for the service provided on 11th December 2023. Mr. Hashim withdrawn cash OMR 1,200 from the business for personal use. Required: Prepare Journal Entries, Ledger Accounts and Unadjusted Trial Balance. Page 2 of 7 2. The following transactions are taken from the books of Mr. Hashim for the month of December 2023. Dece. 2 Mr. Hashim started a Services business by investing OMR 45XXX (add the last three digit of your ID number) in Cash. 4 6 9 Purchased Machinery on credit from Kevin Company OMR 3,000. The business purchased furniture from Deluxe Furniture Store for OMR 2,200. Paid OMR 1,500 immediately and agreed to pay the balance in the near future. Paid for insurance covering full year amount OMR 4,800 11 Business provided services to customer OMR 1,580 and received cash OMR 800 and the customer agreed to pay the remaining amount in one month. 16 Business earned OMR 2,200 in revenue in cash from customers for service provided. 21 62222 24 Balance paid to Deluxe Furniture Store for the furniture purchased on 6th December 2023 Paid the Electricity expenses OMR 180. 28 Staff salary paid for the month of December 2023 OMR 1,750 31 30 Received the balance cash from the customer who previously billed for the service provided on 11th December 2023. Mr. Hashim withdrawn cash OMR 1,200 from the business for personal use. Required: Prepare Journal Entries, Ledger Accounts and Unadjusted Trial Balance. Page 2 of 7
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