1.Started business with K150,000 in the business bank account and K20,000 in cash 1.Paid rent K180 cash to Niekwa Mulopur 2.Paid delivery expenses by cheque KB57 2 Sold goods for cash K16,000 to Kapembwa Lawrence 2.Sold goods on credit to Namukoko Niza K450 7.Sold goods on credit to J.ChisukuluK800 8 Bought goods on credit from B.Bwanale K500 10 Bought goods from Skaona Izukanji paying by cheque K7,000 10 Bought goods on credit from Sampa Chalo K1,500 12 Cash sales paid directly into the bank K75.000 12 Sold goods on credit to Kangwa Lukusu K290 13.Sold goods on credit to Musonda Waren K1,000 15 Kangwa Lukusu paid by cheque K30 15 Bought goods on credit from N Morgan K700 15.Musonda Warren returns goods valued at K50 18 Sold Goods on credit to M.Ballack K1,000 20 Cash sales to Kayeyi Felix paid directly into the bank K90.000 20.Sold goods on credit to B.Burton K600 20 Goods returned by J.Chisukulu K70 21 Received cheque from Musonda Warren K500 21. Bought goods from Chanda Bwalya paying by cheque K15,000 QUESTION ONE (DUE DATE 15/05/19) 21. Gpods returned by M.Ballack K100 Mulenga C. started a business in Kawambwa, using an old building which was used as a mortuary in the 1970s The following transactions relate to the business for the 22 Sold goods to F.Whiteman on credt K800 month of October 2018 22 Bought goods from H.Sipopwe on credit K500 October 2018 25 Repeivad a Cheque from Namukoko Niza K70 25.Namukoko Niza was given K50 discount 28. Received cheque from Whiteman K200 25.Received a cheque from J.Chisukulu K205 28.Two cheques were paid to N.Morgan K300 and K350 25.Received a cheque from Kangwa Lukusu K30 28. Two cheques were paid to H.Sipopwe K100 and K180 25.Received a cheque from M.Ballack K110 28.Withdrew K500 from the bank for business use. 25.Retuned goods to N.Morgan K50 29.Bought goods on credit from D.Sankalimba K400 25.Returned goods to H.Sipopwe K100 29.B.Burton paid by cheque K500 25.Bought motor vehicle on credit from Toyota Zambia K80,000 29 Withdrew K2,500 from his personal bank for business use 25.Paid wages by cheque K745 29.Bought goods paying by cheque K12,000 25. Bought machinery by cheque K56,000 30 J.Chisukulu paid by cheque K150 25. J.William lent the business K500 money deposited into the business bank account. 30.D.Sinkamba gave the business a discount of K20 25.Bought Office Furniture by cheque K25,000 30.Paid D.Sinkamba K230 by cheque. 26.F.Whiteman paid by cash K200 30.Withdrew cash K125 for personal use. 26.B.Burton paid by cash K100 31 M.Ballack paid by cheque K168 26.Paid heating and lighting by cheque K185 31.F.Whiteman paid K380 by cheque and a disputed amount of K20 was written off. 26.Bought machinery on credit from Beenzu Lumamba Co. K25,000 26.Paid Motor expenses by cash K500 Required. 26.Bought fixtures and fittings by cheque K170 Record the above transactions in the relevant subsidiary books, Open ledger accounts in the respective ledger books, balance them off and prepare a trial balance 27. Exchanged a Motor vehicle valued at K1,000 with Furniture belonging to Samboko Mubotu 28. Received a Cheque from Namukoko Niza K150 28. Namukoko Niza was given K50 discount. 28. Paid B.Bwanale K210 28. B.Bwanale gave the business a discount of K150 28. Paid Sampa Chalo cash K750 and cheque K700 28 Kangwa Lukusu paid by cheque K40 1.Started business with K150,000 in the business bank account and K20,000 in cash 1.Paid rent K180 cash to Niekwa Mulopur 2.Paid delivery expenses by cheque KB57 2 Sold goods for cash K16,000 to Kapembwa Lawrence 2.Sold goods on credit to Namukoko Niza K450 7.Sold goods on credit to J.ChisukuluK800 8 Bought goods on credit from B.Bwanale K500 10 Bought goods from Skaona Izukanji paying by cheque K7,000 10 Bought goods on credit from Sampa Chalo K1,500 12 Cash sales paid directly into the bank K75.000 12 Sold goods on credit to Kangwa Lukusu K290 13.Sold goods on credit to Musonda Waren K1,000 15 Kangwa Lukusu paid by cheque K30 15 Bought goods on credit from N Morgan K700 15.Musonda Warren returns goods valued at K50 18 Sold Goods on credit to M.Ballack K1,000 20 Cash sales to Kayeyi Felix paid directly into the bank K90.000 20.Sold goods on credit to B.Burton K600 20 Goods returned by J.Chisukulu K70 21 Received cheque from Musonda Warren K500 21. Bought goods from Chanda Bwalya paying by cheque K15,000 QUESTION ONE (DUE DATE 15/05/19) 21. Gpods returned by M.Ballack K100 Mulenga C. started a business in Kawambwa, using an old building which was used as a mortuary in the 1970s The following transactions relate to the business for the 22 Sold goods to F.Whiteman on credt K800 month of October 2018 22 Bought goods from H.Sipopwe on credit K500 October 2018 25 Repeivad a Cheque from Namukoko Niza K70 25.Namukoko Niza was given K50 discount 28. Received cheque from Whiteman K200 25.Received a cheque from J.Chisukulu K205 28.Two cheques were paid to N.Morgan K300 and K350 25.Received a cheque from Kangwa Lukusu K30 28. Two cheques were paid to H.Sipopwe K100 and K180 25.Received a cheque from M.Ballack K110 28.Withdrew K500 from the bank for business use. 25.Retuned goods to N.Morgan K50 29.Bought goods on credit from D.Sankalimba K400 25.Returned goods to H.Sipopwe K100 29.B.Burton paid by cheque K500 25.Bought motor vehicle on credit from Toyota Zambia K80,000 29 Withdrew K2,500 from his personal bank for business use 25.Paid wages by cheque K745 29.Bought goods paying by cheque K12,000 25. Bought machinery by cheque K56,000 30 J.Chisukulu paid by cheque K150 25. J.William lent the business K500 money deposited into the business bank account. 30.D.Sinkamba gave the business a discount of K20 25.Bought Office Furniture by cheque K25,000 30.Paid D.Sinkamba K230 by cheque. 26.F.Whiteman paid by cash K200 30.Withdrew cash K125 for personal use. 26.B.Burton paid by cash K100 31 M.Ballack paid by cheque K168 26.Paid heating and lighting by cheque K185 31.F.Whiteman paid K380 by cheque and a disputed amount of K20 was written off. 26.Bought machinery on credit from Beenzu Lumamba Co. K25,000 26.Paid Motor expenses by cash K500 Required. 26.Bought fixtures and fittings by cheque K170 Record the above transactions in the relevant subsidiary books, Open ledger accounts in the respective ledger books, balance them off and prepare a trial balance 27. Exchanged a Motor vehicle valued at K1,000 with Furniture belonging to Samboko Mubotu 28. Received a Cheque from Namukoko Niza K150 28. Namukoko Niza was given K50 discount. 28. Paid B.Bwanale K210 28. B.Bwanale gave the business a discount of K150 28. Paid Sampa Chalo cash K750 and cheque K700 28 Kangwa Lukusu paid by cheque K40