2.2: ABC, a sole trader has the following trial balance has been extracted from the ledger: TRIAL BALANCE AS AT 31 DECEMBER 20X0 Dr ($) Cr ($) 528,600 Sales 195,000 Purchases 5,000 Drawings Receivables 135,600 10,200 Trade Payables Cash on hand 1,000 Cash at bank 118,200 158,000 Equipment at cost Capital 74,000 612,800 612,800 Total Required: (a) Self-create FIVE economic transactions in Jan, 20X1 in the ABC Co (b) Journalize the FIVE transactions from (a) and Post these transactions to T-accounts as th below sample: Sample: (a) In Jan 20, 20X1: the ABC Co purchases inventory 10,000$ in cash at bank (b) Journal entry: Dr Inventory: 10,000$ Cr Cash: 10,000$ T-Account: Dr CASH at bank (BANK) Cr Beginning Balance: 118,200 Inventory: 10,000 IC Ending Balance: 108,200 Troue