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Mr. Omar opened his company in Alseeb. Many transactions have occurred during November 2020 which is as follows find Transaction Analysis Prepare the journal entries and the Ledger Book for the previous transactions Transaction Date | Transaction number November 1. The owner invested OMR 25,000 cash in the business. The business purchased office equipment for OMR 7,000 cash. With annual depreciation of 10% for the next 10 years with no expected salvage value. The business purchased for OMR 1,100 on account from a supply company computer paper and other supplies expected to last for several months The business received OMR 1,400 cash from customers for programming services it has provided. The business provides OMR 2,000 of programming and maintenance services for a customer. It received cash of OMR 750, and it billed the balance on account. The business purchased a one year insurance policy for OMR 1,200 cash. The business paid back an amount of OMR 500 to the supplier as a partial settlement of supplies purchased. The business received a bill from an advertising company of OMR 300 for developing a programming advertisement. The business hired a new secretary with basic salary of OMR 350. The business received OMR 400 cash from a customer that have been previously provided with programming and maintenance services. The business received OMR 900 for programming services that will provide during the next 3 months. The business paid the bill due to the advertising company. The business owner withdrawn OMR 1,600 cash from the business for his personal use. The business received electricity bills of OMR 150 The business paid salaries and wages to employees of OMR 1,200 cash. The business paid store rent of OMR 500 2nd 7. 10 15 17 20 10 11 23 25th 28 12 13 29 30 14 15 16 30 loo

Mr. Omar opened his company in Alseeb. Many transactions have occurred during November 2020 which is as follows find Transaction Analysis Prepare the journal entries and the Ledger Book for the previous transactions Transaction Date | Transaction number November 1. The owner invested OMR 25,000 cash in the business. The business purchased office equipment for OMR 7,000 cash. With annual depreciation of 10% for the next 10 years with no expected salvage value. The business purchased for OMR 1,100 on account from a supply company computer paper and other supplies expected to last for several months The business received OMR 1,400 cash from customers for programming services it has provided. The business provides OMR 2,000 of programming and maintenance services for a customer. It received cash of OMR 750, and it billed the balance on account. The business purchased a one year insurance policy for OMR 1,200 cash. The business paid back an amount of OMR 500 to the supplier as a partial settlement of supplies purchased. The business received a bill from an advertising company of OMR 300 for developing a programming advertisement. The business hired a new secretary with basic salary of OMR 350. The business received OMR 400 cash from a customer that have been previously provided with programming and maintenance services. The business received OMR 900 for programming services that will provide during the next 3 months. The business paid the bill due to the advertising company. The business owner withdrawn OMR 1,600 cash from the business for his personal use. The business received electricity bills of OMR 150 The business paid salaries and wages to employees of OMR 1,200 cash. The business paid store rent of OMR 500 2nd 7. 10 15 17 20 10 11 23 25th 28 12 13 29 30 14 15 16 30 loo

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Software Programming Company Trial Balance For the period ended 30th November Account title Debit Credit Financial Statement Owner's Capital Cash Accounts Receivable Preparation of Financial Statements
Transcribed Image Text:Software Programming Company Trial Balance For the period ended 30th November Account title Debit Credit Financial Statement Owner's Capital Cash Accounts Receivable Preparation of Financial Statements
Mr. Omar opened his company in Alseeb. Many transactions have occurred during November 2020 which is as follows find Transaction Analysis Prepare the journal entries and the Ledger Book for the previous transactions | Transaction Date Transaction number November 1 The owner invested OMR 25,000 cash in the business. The business purchased office equipment for OMR 7,000 cash. With annual depreciation of 10% for the next 10 years with no expected salvage value. The business purchased for OMR 1,100 on account from a supply company computer paper and other supplies expected to last for several months The business received OMR 1,400 cash from customers for programming services it has provided. The business services for a customer. It received cash of OMR 750, and it billed the 2nd 3ra 4 ides OMR 2,000 of programming and maintenance balance on account. The business purchased a one year insurance policy for OMR 1,200 cash. The business paid back an amount of OMR 500 to the supplier as a partial settlement of supplies purchased. The business received a bill from an advertising company of OMR 300 for developing a programming advertisement. The business hired a new secretary with basic salary of OMR 350. The business received OMR 400 cash from a customer that have been previously provided with programming and maintenance services. The business received OMR 900 for programming services that will provide during the next 3 months. The business paid the bill due to the advertising company. The business owner withdrawn OMR 1,600 cash from the business for his personal use. The business received electricity bills of OMR 150 The business paid salaries and wages to employees of OMR 1,200 cash. The business paid store rent of OMR 500 6. 7 101 15 171 20 10 11 23 25. 28 12 13 291 30 14 15 16 30
Transcribed Image Text:Mr. Omar opened his company in Alseeb. Many transactions have occurred during November 2020 which is as follows find Transaction Analysis Prepare the journal entries and the Ledger Book for the previous transactions | Transaction Date Transaction number November 1 The owner invested OMR 25,000 cash in the business. The business purchased office equipment for OMR 7,000 cash. With annual depreciation of 10% for the next 10 years with no expected salvage value. The business purchased for OMR 1,100 on account from a supply company computer paper and other supplies expected to last for several months The business received OMR 1,400 cash from customers for programming services it has provided. The business services for a customer. It received cash of OMR 750, and it billed the 2nd 3ra 4 ides OMR 2,000 of programming and maintenance balance on account. The business purchased a one year insurance policy for OMR 1,200 cash. The business paid back an amount of OMR 500 to the supplier as a partial settlement of supplies purchased. The business received a bill from an advertising company of OMR 300 for developing a programming advertisement. The business hired a new secretary with basic salary of OMR 350. The business received OMR 400 cash from a customer that have been previously provided with programming and maintenance services. The business received OMR 900 for programming services that will provide during the next 3 months. The business paid the bill due to the advertising company. The business owner withdrawn OMR 1,600 cash from the business for his personal use. The business received electricity bills of OMR 150 The business paid salaries and wages to employees of OMR 1,200 cash. The business paid store rent of OMR 500 6. 7 101 15 171 20 10 11 23 25. 28 12 13 291 30 14 15 16 30
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