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1.2 Post the transactions to selected T accounts. The chart of accounts for the business included the following accounts: [25 marks] Account Code Account Title

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1.2 Post the transactions to selected T accounts. The chart of accounts for the business included the following accounts: [25 marks] Account Code Account Title Balance 1-100 Cash at bank 26,750 1-200 Debtors 29,980 1-300 Inventory 65,000 1-400 Prepayments 3,500 1-500 Motor Vehicles 12,000 1-600 Acc. Dept- equipment (2,500) 2-100 Creditors 22,000 2- 200 Accruals 530 2-300 Unearned revenue 1,900 2-400 Provision for dividend 8,500 2-600 Provision for tax payable 8,000 Loan 25,000 2-700 3-100 40,000 Paid up capital 3-200 General reserve 28,800 3-300 Retained profit 1.2

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