Zhang Ltd uses sales, purchases, cash receipts, cash payments and a general journal along with subsidiary ledgers for accounts receivable and accounts payable. Zhang Ltd’s financial year ends on 31 December 2025. The post-closing trial balance as at 30 June 2025 and schedules of balances of the subsidiary ledgers are presented below.

Required

(a) (i) Journalise the transactions in the appropriate journals.
(ii) Make all necessary postings for the month.
(iii) Prepare a trial balance of the general ledger as at 31 July 2025, and reconcile subsidiary ledgers with their control accounts.

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Cash at bank Accounts receivable control Inventory Office equipment ZHANG LTD Post-closing trial balance as at 30 June 2025 Accumulated depreciation office equipment Accounts payable control 1-100 1-110 1-150 1-170 1-175 2-200 3-300 3-350 Retained earnings 4-400 Sales 4-405 Sales returns 4-410 Discount received 5-500 Share capital 5-505 5-512 5-530 5-540 5-550 Purchases Purchases returns Discount allowed Rent expense Sundry expenses Commissions expense $ 26680 15440 25280 53 000 $ 7800 20 590 60 000 32010 $120 400 $120 400