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ASSIGNMENT PRINCIPLES OF ACCOUNTING (BAAC 1102) Given below are the transactions related to Hamadan Enterprises for the month of March 2015. Date Transactions OMR March 2015, Mr. Mohammed is the proprietor started business with () cash 150,000 and (ii) Machinery 100,000 3 Purchased Building for OMR 100,000 and paid OMR 75,000 in cash and remaining amount to be paid in the near future 25,000 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 1,500 20,000 500 400 Sold goods on credit from ABC LLC Saham 12 Paid telephone charge 14 Paid the remaining OMR 25,000 for the building bought on 3 50,000 1,000 March 15 Paid rent 17 Commission received 22 Sold goods to Mr. Ali Ibrahim for Cash 25 Paid Salary to Employees 26 Mr. Mohammed withdraw cash for personal use 31 Mr. Mohammed withdraw goods for personal use 1,500 3,000 30,000 3,000 2,500 Additional information Closing stock OMR 12,500 REQUIRED Prepare I. Journal entries 2. Ledgers 3. Trial Balance 4. Income statement 5. Balance Sheet