EXERCISE 3.3.1 Below are the business transaction of NESS Cookies Enterprise Date 1 Jan-01 2 Jan-02 3 Jan-03 4 Jan-04 5 Jan-04 6 Jan-06 7 Jan-07 8 Jan-08 9 Jan-09 10 Jan-10 11 Jan-12 12 Jan-12 13 Jan-13. 14 Jan-14 15 16 Jan-15 Jan-18 17 Jan-19 18 Jan-20 19 Jan-21 20 Jan-22 21 Jan-23 22 Jan-24 23 Jan-25 24 Jan-26 25 Jan-30 26 Jan-31 Transaction NESS Cookies Enterprises started business with cash of $200,000 and Raw material of $5,000 NESS Cookies enterprises paid into bank $100,000 Bought raw material worth $3000 on account from supplier. Sold goods worth $500 to a customer. Purchased a delivery vehicle worth $5000 from M/s Vehicleforyou. Further invested $6000 cash into the NESS Cookies Enterprises Purchased equipments worth $9000 on account Returned raw material worth $500 to the suppliers Purchased cookies designer tray $60. Sold Cookies worth $10000 to Mr Styles Withdrew $60 cash for personal use Sold Cookies worth $6000 to M/S Cookiesforyou on account M/S Cookiesforyou returned cookies worth $500 Sold cookies worth $3000 to M/s Kidsworld ltd. Paid for the raw material purchased on jan 03 Withdrew cookies worth $600 from the stock for personal use Purchased a oven worth $850 on account Supplied cookies worth $1000 to M/s Poolparty Lid M/s Kidsworld returned cookies worth $40. Received cash from M/S cookiesforyou for the cookies sold on Jan 12 Paid $50 for the repair of television, Sold Cookies worth $9000 to Christmas carols ltd Withdrew from bank account $960 for personal use Paid utility expenses $650 Paid Rent expense $1000 Paid salary to the helper $600 Required Business transactions consist of five categories of accounts namely assets, owner's equity, liabilities, revenue and expenses. You are required to build an Accounting Transaction for NESS Cookies Enterprise. Please fill in the NESS Cookies Enterprise Accounting Transaction based on the example below including DATE, EFFECT, ACTION and BOPE: EXAMPLE OF ACCOUNTING TRANSACTION Date Effect Action BOPE Increase in Asset Increase in Owner's Debit Cash Credit Capital 1/1/2019 Equity General Journal Increase in Asset Debit Bank Decrease in Asset Credit Cash Increase in Asset Debit Office Equipment 2/1/2019 Increase in Owner's General Journal Credit Capital Equity Increase in Asset Dehit Purchases 3/1/2019 Credit A/C Payable - Marry Purchase Journal Increase in Liability