Task 5: General Ledger (45 marks). SAMA Company has the following General Journal for the month of March 2022. As an acc

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Task 5: General Ledger (45 marks). SAMA Company has the following General Journal for the month of March 2022. As an acc

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Task 5 General Ledger 45 Marks Sama Company Has The Following General Journal For The Month Of March 2022 As An Acc 1
Task 5 General Ledger 45 Marks Sama Company Has The Following General Journal For The Month Of March 2022 As An Acc 1 (105.05 KiB) Viewed 9 times
Task 5 General Ledger 45 Marks Sama Company Has The Following General Journal For The Month Of March 2022 As An Acc 2
Task 5 General Ledger 45 Marks Sama Company Has The Following General Journal For The Month Of March 2022 As An Acc 2 (246.12 KiB) Viewed 9 times
Task 5 General Ledger 45 Marks Sama Company Has The Following General Journal For The Month Of March 2022 As An Acc 3
Task 5 General Ledger 45 Marks Sama Company Has The Following General Journal For The Month Of March 2022 As An Acc 3 (225.51 KiB) Viewed 9 times
Task 5: General Ledger (45 marks). SAMA Company has the following General Journal for the month of March 2022. 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 f. van g. 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. Date Particulars March 2022 1 Cash Capital To record owner's capital invested in Business 3 Cash Loans Payable To record loan obtained from NBO bank for the business 5 Furniture Cash To record purchase of furniture 7 Van Accounts Payable To record purchase of van on credit from Top Car Company Ref. Debit 150,000 10,000 35,000 14,000 Credit 150,000 10,000 35,000 14,000
9 Accounts Receivable Sales To record sales on credit to SALAH company 11 Purchases Accounts payable To record purchase of goods on credit from Al NADA stores 13 Purchases Cash To record purchase of goods by cash 15 Equipment Cash To record purchase of equipment by cash 22 Accounts Payable Cash To record cash paid to Al NADA stores 25 Cash Accounts Receivable To record cash received from SALAH company 30 salaries Cash To record payment of salaries by cash 20,000 15,000 9,000 16,000 15,000 10,000 3,000 20,000 15,000 9,000 16,000 15,000 10,000 3,000
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