a) Prepare journal entries to record the above transactions. Explanations are not required. (25 marks) b) Open the following T-accounts: Cash, Office Equipment; Office Furniture;
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a) Prepare journal entries to record the above transactions. Explanations are not
required. (25 marks)
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b) Open the following T-accounts: Cash, Office Equipment; Office Furniture; Motor
Van; Purchases; Accounts Receivable; Accounts Payable; Capital; Withdrawals; Sales; Rent, Salary.
Post the journal entries from requirement (a) to their relevant T-accounts. You are required to show the ending balance of each T-account. (14 marks)
c) Prepare a trial balance as at 31 January, 20x1. (6 marks)
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Authors: Cataldo Cpa II, Cma Cgma A J
2nd Edition
1634929241, 978-1634929240
