Given below are the transactions related to Omar Enterprises for the month of March 2020. Date...

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Given below are the transactions related to Omar Enterprises for the month of March 2020. Date Transactions OMR March 2020, 1 Mr. Omar is the proprietor started business with (i) Cash 150,000 and Machinery 50,000 (ii) 3 Purchased Building for OMR 80,000 and paid OMR 50,000 in cash and remaining amount to be paid in the near future 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 30,000 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. Omar withdraw cash for personal use REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet 20,000 34,000 1,200 16,000 400 320 40,000 40,000 800 1,200 2,400 24,000 2,400 2,000 Given below are the transactions related to Omar Enterprises for the month of March 2020. Date Transactions OMR March 2020, 1 Mr. Omar is the proprietor started business with (i) Cash 150,000 and Machinery 50,000 (ii) 3 Purchased Building for OMR 80,000 and paid OMR 50,000 in cash and remaining amount to be paid in the near future 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 30,000 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. Omar withdraw cash for personal use REQUIRED TO PREPARE A. Journal Entries B. Ledger Accounts C. Trial Balance D. Income Statement and E. Balance Sheet 20,000 34,000 1,200 16,000 400 320 40,000 40,000 800 1,200 2,400 24,000 2,400 2,000