Question

9. Maxim Company has hired four new employees who will on duty from March 1.00 Each employee will get a salary of AED 21.000 in the end of each month Pass Journal entries in the General Ledger of the company Your Answer: Marks Allotted: 2) 10. From the following information given, compute the total assets of the company (Marks Allon sented below is selected information related to Fahad Brothers & Company Des -8. Fahad reports financial information monthly (All amounts in UAEONS ipment 10,000 ities Expenses 4,000 h 8,000 vice Revenue 36,000 aries and Wages Expense 7,000 t Expense 11,000 es Payable 16,500 unts Payable 2,000 her's Drawings 5,000 unts Receivable 9,000 - Answer: earth END OF QUESTION PAPER

Answer 1

9.

Date	Account Titles	Debit	Credit
Mar-31	Salaries Expense	$         84,000
	Salaries Payable		$          84,000

10.

Assets
Equipment	$         10,000
Cash	$           8,000
Accounts Receivable	$           9,000
Total Assets	$         27,000

As per HOMEWORKLIB RULES we are suppose to answer 1 question, i have answered 2, so kindly post others separately