Mohammed started Delivery Company in Muscat in June 2018 (Mohammed Delivery Service). During the month of...

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Mohammed started Delivery Company in Muscat in June 2018 (Mohammed Delivery Service). During the month of June, several transactions occurred which are as follows: June 5. The owner invested OMR 65,000. June 8. Purchased a van for OMR 20,000 and paid 9,000 in cash and the remaining amount to be paid in the near future. June 10. Performed a service on account for OMR 4,700. June 13. Paid the remaining OMR 11,000 for the van bought on 8 June. June 18. Received cash OMR 5,000 for the service provided on 10 June. June 20. Purchased supplies for OMR 7,000 on account. June 24. Paid electricity bill OMR 250. June 25. Paid the creditors OMR 7,000 for the supplies bought on June 20. June 26. Received water bill OMR 150, and decided to pay it next month June 27. The owner withdrew OMR 600 for his personal use. June 28. Paid OMR 500 for office rent June 29. Paid telephone bill for OMR 70 Required: Prepare Journal Entries, Ledger Accounts and Unadjusted Trial Balance for Mohammed Delivery service as of June 30 ,2018 Mohammed started Delivery Company in Muscat in June 2018 (Mohammed Delivery Service). During the month of June, several transactions occurred which are as follows: June 5. The owner invested OMR 65,000. June 8. Purchased a van for OMR 20,000 and paid 9,000 in cash and the remaining amount to be paid in the near future. June 10. Performed a service on account for OMR 4,700. June 13. Paid the remaining OMR 11,000 for the van bought on 8 June. June 18. Received cash OMR 5,000 for the service provided on 10 June. June 20. Purchased supplies for OMR 7,000 on account. June 24. Paid electricity bill OMR 250. June 25. Paid the creditors OMR 7,000 for the supplies bought on June 20. June 26. Received water bill OMR 150, and decided to pay it next month June 27. The owner withdrew OMR 600 for his personal use. June 28. Paid OMR 500 for office rent June 29. Paid telephone bill for OMR 70 Required: Prepare Journal Entries, Ledger Accounts and Unadjusted Trial Balance for Mohammed Delivery service as of June 30 ,2018

Answer rating: 100% (QA)

Date Account title Lf debit amount Credit amount 5Jun cash ac capital ac 65000 65000 8Jun Van ac cash ac loan ac 20000 9000 11000 10Jun Accounts recei... View the full answer