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(a) On 1stMay 2019, MsLinetstarteda new business withShs780,000 Cash. During May she carried out the followingtransactions:- 1stMay DepositedShs.65,000 in a bank account. 2ndMay BoughtFurnitureforShs.190,000 cash

(a) On 1stMay 2019, MsLinetstarteda new business withShs780,000 Cash. During May she carried out the followingtransactions:-

1stMay

DepositedShs.65,000 in a bank account.

2ndMay

BoughtFurnitureforShs.190,000 cash

9thMay

Boughtgoodsfor Shs.140,000 on credit to AmaniLtd.

12thMay

Sold goods for Shs.160,000 on credittoOliveLtd.

15thMay

Received payment of Shs.50,000OliveLtd

17thMay

Sold goods for Shs.40,000 cashtoAsha.

21stMay

Paid rent Shs.25, 000 by cheque and electricity Shs.8, 000 cash.

Required

Record the above transactions in the relevant ledger accounts

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