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e Question 2 (35 marks) a) Jan 8 Invested cash $5000 as capital b) Jan 9 Paid rent expense by cash $200 c) Jan 11

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e Question 2 (35 marks) a) Jan 8 Invested cash $5000 as capital b) Jan 9 Paid rent expense by cash $200 c) Jan 11 Borrow loan from bank in cash $4000 d) Jan 12 Purchased machinery for cash $3,330 e) Jan 14 Paid insurance expenses by cash $900.- f) Jan 16 Purchased air conditioner for $3000. 50% paid cash and balance owing. I L 9) Jan 20 h) Jan 22 i) Jan 29 The owner withdrew cash from business For personal use of $500.- Purchased supplies on account for $1000 Salaries expenses of $5200 not paid. Required: a) Prepare the T account for the above transactions and close them at - the end of month. b)Prepare Trial Balance as at that date

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