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Transaction details October 2021 1 2 3 4 6 7 Nadeen invested OMR 25,000 to...

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Accounting

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Transaction details October 2021 1 2 3 4 6 7 Nadeen invested OMR 25,000 to start the business Paid rent - OMR 2,000 Paid interior design company OMR 15,000 for decoration. Purchased Day Care furniture for business use on credit from Home Centre worth OMR 7,000 Purchased baby food and supplies by cash worth OMR 5,000 Purchased office computer and software for business by cash worth OMR 1,500 Provided hourly service for customers and received OMR 90 Sold membership service to customers worth OMR 2000 An amount of OMR 25,000 was borrowed from the bank to help initiating the business. Provided hourly service for customers and received OMR 35 Paid Home Centre OMR 5,000 for the Day Care furniture purchased on 4th October 10 12 15 17 18 20 Paid OMR 4,000 cash for two months' rent in advance Purchase an insurance policy worth OMR 500 Provided hourly service for customers and received OMR 120 Withdrew amount of OMR 300 for personal use. Paid salaries OMR 750 26 31 Task 3: Cash basis accounting (16 marks) On the month of November, Naseen wanted to check her cash movement during the first month of the business. From the information provided in Task 2, prepare the Cash basis accounting table for the month of October

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