1] Journalise teh following transactions into teh section Respond template Mar. out of question 3- Purchased Zebra Golf Land for AED25,000 on teh account 6- Paid cash AED6000 for a one-year insurance policy. 10-Purchased golf balls for AED 1,050 (small equipment - considered as supplies) from Stevenson Company payable in 30 days. 18-Received AED 1000 in cash for golf fees and 5000 was billed to teh client for playing golf.(Holz records golf fees as service revenue). 19-Utility bill arrived for AED 120 20 - Paid to teh Stephenson company from March 10. [2] Enter beginning balances in teh T-account. Cash- AED 15,000 Acc Pay-AED 15,000. [3] Post journal entries into appropriate T-accounts. [4] Determine teh ending balance in his Cash and Acc Payable T-account (5) Explain Debit and credit rules for all accounting elements and how we calculate Ending balance for Revenues and for Assets. [6] Is it possible to correct teh wrong accounting entry? Advice a new accountant who made a mistake, and he made teh same entry twice. (Cash 120 Dr and Acc Receivable 120 Cr-dis entry was made twice.)