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4. JIM Cook transactions for firmt six months from Mareh,2022. unth Meptembet 2022 are Biven belowy : March 1,2022-Invested ABD 84,000 eash in the business

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4. JIM Cook transactions for firmt six months from Mareh,2022. unth Meptembet 2022 are Biven belowy : March 1,2022-Invested ABD 84,000 eash in the business on. Minroh 6,2022 - Purchased land costing AIDD 6,000 for cash on. March 12,2022- Purchased equiprncnt conting AED36,000 for ABD A.000 cash and the retnainder on credit. April 4,2022 - Purchased supplies on account for AED 1600. April 15,2022-Paid AED 2400 for a one-year insurance policy. April 4,2022-Received AED 7000 cash for services to be performed in coming momths. August 31,2022-Received AED 8000 for services previously performed on account for 18 September 15,2022- Paid wages to employees for AED 5600. September 25,2022-Jim withdrew AED 4600 cash from the business. September 30,2022 -Supplies worth AED 1200 were used during these six months. You are required to prepare the following: a) Prepare Balance Sheet [ 4 Marks] b) Post the transactions on Ledgers or ' T ' Accounts. [6 Marks] c) Prepare the unadjusted Trial Balance as on September 30, 2022[2 Marks] d) Prepare income statement [2 Marks] 4. JIM Cook transactions for firmt six months from Mareh,2022. unth Meptembet 2022 are Biven belowy : March 1,2022-Invested ABD 84,000 eash in the business on. Minroh 6,2022 - Purchased land costing AIDD 6,000 for cash on. March 12,2022- Purchased equiprncnt conting AED36,000 for ABD A.000 cash and the retnainder on credit. April 4,2022 - Purchased supplies on account for AED 1600. April 15,2022-Paid AED 2400 for a one-year insurance policy. April 4,2022-Received AED 7000 cash for services to be performed in coming momths. August 31,2022-Received AED 8000 for services previously performed on account for 18 September 15,2022- Paid wages to employees for AED 5600. September 25,2022-Jim withdrew AED 4600 cash from the business. September 30,2022 -Supplies worth AED 1200 were used during these six months. You are required to prepare the following: a) Prepare Balance Sheet [ 4 Marks] b) Post the transactions on Ledgers or ' T ' Accounts. [6 Marks] c) Prepare the unadjusted Trial Balance as on September 30, 2022[2 Marks] d) Prepare income statement [2 Marks]

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