Sohar Traders had the following transactions during the month of January 2020: You are required to prepare Journal entry

Sohar Traders had the following transactions during the month of January 2020: You are required to prepare Journal entry. 1st January 2020, the owner has invested OR. 65,000 cash in the business. 3rd January. Business obtains a bank loan of RO.4, 000 from bank Muscat 10th January. The business purchased machine worth RO.4, 000 from Muscat Traders LLC and paid cash. 15th January. The business performed a service to various customers and receives OR. 800 cash. 24th January. The business paid salaries to employees totalled OR.600 30th January. Owner of the business withdrawn cash of OMR 200 from the business for his personal use. (Marks 3) Maximum size for new files: 100MB