Task 2: General Ledger (60 marks). Al Rushd Company has the following General Journal for the month of December 2021. As an accountant, you are required to transfer the transactions into the General Ledger accounts as given below. a. Cash b. Capital C. Loans payable d. Accounts Payable e. furniture van Accounts Receivable h. Sales i. Purchases j. Salaries k. Equipment 1. Rent Required to: prepare the separate ledger accounts and provide the totals and balances if available. Here are the General Journal entries. The amounts are in Omani Rial. - Particulars Ref. Debit Credit Date December 2021 1 Cash 250,000 Capital 250,000 To record owner's capital invested in Business 3 Cash 100,000 Loans Payable 100,000 To record loan obtained from Sohar bank for the business To record loan obtained from Sohar bank for the business EC_AMO_TEM_035_02 Page 2 of 10 Principles of Accounting (BUSS B 1004) - Fall 21 - CW 3- Al-QP 5 Furniture 15,000 Cash 15,000 To record purchase of furniture 7 Van 12,000 12,000 Accounts Payable To record purchase of van on credit from Speed Car Company 9 Accounts Receivable 60,000 Sales 60,000 To record sales on credit to AINoor company 11 Purchases 45,000 Accounts payable 45,000 To record purchase of goods on credit from Al Amri stores 12 Loans Payable 16,000 Cash 16,000 To record cash paid to Bank as part of loan repayment 13 Purchases 19,000 Cash 19,000 To record purchase of goods by cash 35,000 15 Equipment 35,000 Cash To record purchase of equipment by cash 18 Rent 3,000 Cash 3,000 To record payment of rent by cash 20 Cash 40,000 Page 3 of 15 MEC_AMO_TEM_035_02 Principles of Accounting (BUSS B 1004) - Fall 21 - CW 3- All-QP 40,000 Accounts Receivable To record cash received from AlNoor company 15,000 22. Accounts Payable 15,000 Cash To record cash paid to Al Amri stores 25 Cash 10,000 Accounts Receivable 10,000 To record cash received from AlNoor company 27 Accounts Payable 30,000 Cash 30,000 To record cash paid to Al Amri stores 5,000 30 salaries 5,000 Cash To record payment of salaries by cash