Assignment Marking Scheme Problem/question Marks allotted Assessment Scheme Recording transactions And Adjustments in the Journal 28 (2 Marks for each entry) Posting to the Ledger (2 Mark for each account, posting ,and 28 balance, header of the statement) 1 Mark for each account & Balance Preparing Trial Balance 14 2Marks for Total 1 Mark for table 10 Marks for Income statement 05 Marks for statement of owners equity 15 Marks for Balance Sheet Preparing Financial Statements 30 Total 100 Suggested Reference and Readings: Students are advised to refer the E- Book pages 76-97(Chap-2- Analyzing and recording transactions) to enhance your understanding and assistance for the completion of this assignment