Mohammed started Company in Muscat in June 2020. During the month of June, several transactions occurred...

 

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Mohammed started Company in Muscat in June 2020. During the month of June, several transactions occurred which are as follows: June 5. June 8. June 10. June 13. June 18. June 20. June 24. June 25. June 27. June 28. June 29. June 30. The owner invested OMR 75,000. Purchased computer for OMR 30,000 and paid 9,000 in cash and the remaining amount to be paid in the near future. Performed a service on account for OMR8,500 Paid the remaining OMR 21,000 for the computer bought on 8 June. Received cash OMR 6,500 for the service provided on 10 June. Purchased supplies for OMR 8,000 on account. Paid electricity bill OMR 500 Paid the creditors OMR 7,000 for the supplies bought on June 20. The owner withdrew OMR 600 for his personal use. Paid OMR 500 for office rent Paid telephone bill for OMR 70 Paid OMR 1,000 for the supplies bought on 20 June. Required: Prepare Journal Entries, Ledger Accounts and Unadjusted Trial Balance. Marks Allotment Journal Ledger: Unadjusted Trial Balance 03 Marks 6 Marks 6 Marks Mohammed started Company in Muscat in June 2020. During the month of June, several transactions occurred which are as follows: June 5. June 8. June 10. June 13. June 18. June 20. June 24. June 25. June 27. June 28. June 29. June 30. The owner invested OMR 75,000. Purchased computer for OMR 30,000 and paid 9,000 in cash and the remaining amount to be paid in the near future. Performed a service on account for OMR8,500 Paid the remaining OMR 21,000 for the computer bought on 8 June. Received cash OMR 6,500 for the service provided on 10 June. Purchased supplies for OMR 8,000 on account. Paid electricity bill OMR 500 Paid the creditors OMR 7,000 for the supplies bought on June 20. The owner withdrew OMR 600 for his personal use. Paid OMR 500 for office rent Paid telephone bill for OMR 70 Paid OMR 1,000 for the supplies bought on 20 June. Required: Prepare Journal Entries, Ledger Accounts and Unadjusted Trial Balance. Marks Allotment Journal Ledger: Unadjusted Trial Balance 03 Marks 6 Marks 6 Marks