Given below are the transactions related to Hilal Enterprises for the month of April 2016. Date...
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Given below are the transactions related to Hilal Enterprises for the month of April 2016. Date Transactions OMR April 2016, Mr. Hilal is the proprietor started business with (i) cash 200,000 1and (i) Machinery 100,000 Purchased Building for OMR 60,000 and paid OMR 40,000 in cash and remaining amount to be paid soon Purchased goods for cash Purchased furniture for office purposes for cash Sold goods for cash Paid Flectricity hill expenses Purchased stationery for office use |Purchased goods from Al Jabal Limited %3D 15000 900 12000 300 240 30000 30000 6. 7 10 Sold goods on credit from Abhas LLC, Sohar Paid telephone bill Paid the remaining OMR 20,000 for the building bought on 3 April Paid Water bill Interest received Sold goods to Mr. Khalid for Cash |Paid Salary to Employees |Mr. Hilal withdraw cash for personal use 12 600 14 900 1800 21000 1800 15 17 22 25 26 1500 REQUIRED 1. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet Given below are the transactions related to Hilal Enterprises for the month of April 2016. Date Transactions OMR April 2016, Mr. Hilal is the proprietor started business with (i) cash 200,000 1and (i) Machinery 100,000 Purchased Building for OMR 60,000 and paid OMR 40,000 in cash and remaining amount to be paid soon Purchased goods for cash Purchased furniture for office purposes for cash Sold goods for cash Paid Flectricity hill expenses Purchased stationery for office use |Purchased goods from Al Jabal Limited %3D 15000 900 12000 300 240 30000 30000 6. 7 10 Sold goods on credit from Abhas LLC, Sohar Paid telephone bill Paid the remaining OMR 20,000 for the building bought on 3 April Paid Water bill Interest received Sold goods to Mr. Khalid for Cash |Paid Salary to Employees |Mr. Hilal withdraw cash for personal use 12 600 14 900 1800 21000 1800 15 17 22 25 26 1500 REQUIRED 1. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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