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05 seconds. estion Completion Status: QUESTION 1 Nadia started a fashion business on March 2020. The following are the busine 1. March 1: Started the

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05 seconds. estion Completion Status: QUESTION 1 Nadia started a fashion business on March 2020. The following are the busine 1. March 1: Started the fashion business by investing $65,000 Cash 2. March 3: Purchased Goods costing $12,000 on credit from the Fabrica 3. March 5: Got new Delivery Van for $20,000 on credit from Ka Motors. 4. March 10: Sold Products for $8,000 cash. 5. March 15: Returned Goods worth $1000 to the Fabric Company 6. March 20: Sold Products worth $8,000 on credit to Zara. 7. March 23: Paid $6,000 cash to the Fabric Company. 8. March 25: Received cash from Zara for $5,000. 9. March 30: Paid $15,000 cash to Kia Motors. Required: --0------- Click Save and Submit to save and submit. Click Save All Annel March 30: Paid $15,000 cash to Kia Motors Required: a. [20 marks] Prepare journal entries for the above given transactions b. [20 marks] Use your journal entries to prepare and balance the de c. [10 marks] Prepare a Trial Balance, Use the below tables and add as much as needed rows Journal Entries Date Name/Description Category Ref. Det Ref: Ledger Account Name: Cred Trial Balance Debit Account Anal Carmat For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT Click Save and Submit to save and submit. Click Save All AND

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