1- The following entries are in the books of Ali Co. for the month of...
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Accounting
1- The following entries are in the books of Ali Co. for the month of May,2021: 10 May : Establish the business with a capital of OMR 400,000. 12 May : Purchase Goods costed OMR 20,000. 13 May : Sold goods for OMR 6,000 on account to Mr. Adnan. 17 May : Purchase car costed OMR 10,000. 18 May : Withdraw an amount of OMR 1,000 for personal use. 19 May : Received OMR 1,000 from the client for goods sold on 13 May. 20 May : Bought goods for OMR 3,000 on account from Mr. Ahmed. 21 May : Paid OMR 2,000 for staff expenses. 22 May Purchased building costed OMR 20,000 23 May : Sold goods for OMR 3,000 on account to Ali. Prepare journal, ledger along with trial balance
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1- The following entries are in the books of Ali Co. for the month of May,2021: 10 May : Establish the business with a capital of OMR 400,000. 12 May : Purchase Goods costed OMR 20,000. 13 May : Sold goods for OMR 6,000 on account to Mr. Adnan. 17 May : Purchase car costed OMR 10,000. 18 May : Withdraw an amount of OMR 1,000 for personal use. 19 May : Received OMR 1,000 from the client for goods sold on 13 May. 20 May : Bought goods for OMR 3,000 on account from Mr. Ahmed. 21 May : Paid OMR 2,000 for staff expenses. 22 May Purchased building costed OMR 20,000 23 May : Sold goods for OMR 3,000 on account to Ali. Prepare journal, ledger along with trial balance 