Date
Transaction
1.1.2020
Mr. Salim Ahmed started business as Ahmed Enterprise with OMR 70000 cash and Furniture valued at RO. 30000 as capital
15. 2. 20
Opened Bank Account and deposited 45000 OMR Cash
29.3.20
Purchased goods from Sharuk Traders for OMR 14500, paid 10% cash and remaining on credit.
21.6.20
Sold goods for 14000 OMR . 50% received in cash remaining on account to M/s. Muscat Enterprises
4.9.2017
Purchased building from Ansari Traders 25000 OMR , paid by cheques full amount .
9.12. 20
Settled accounts of Sharuk Traders by cheque.
29.12.20
Paid Salary expense 500 OMR for the month of December cash
31.12.20
Received rent revenue of 1200 OMR in cash .
Required :
Prepare the Trial Balance as on 31.12.2020
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