first image is task: After brought forward account balances (from July 3019), entering following transactions. recording journal entries, prepare inventory chart and ledger accounts in t-account. prepare trial balance. I included trial accounts of previous month for you to see.

After brought forward the account balances from the month of July 2019, enter the following transactions in the books of 01 Aug 2019 - Paid utilities, accrued salaries& wages and rent accrued in the previous month. 02 Aug 2019 - Home Decor paid in full and a discount of 5% allowed to them. 04 Aug 2019 - Sold 100 units @ 40 per unit to Mr. Deans on cash which was immediately deposited to a bank account 08 Aug 2019 - Paid 1,000 for the cleaning and janitorial services. 10 Aug 2019 - Purchased office supplies for 2,000 and paid through cheque. | 11 Aug 2019 - Sold 200 units @ 40 per unit on credit basis to DRS Ltd. 12 Aug 2019 - Bought Laptop for office use for 1,500 and paid through cheque. 15 Aug 2019 - Paid 1,000 to Advertising agency for advertising and marketing services. 18 Aug 2019 - Paid 200 for meals and entertainment of clients. 25 Aug 2019 - Paid Top Furniture in Full. 31 Aug 2019 - Utilities for 1000 accrued for the month of Aug 2019 but not yet paid 31 Aug 2019 - Salaries & Wages accrued for the month are 5,000 31 Aug 2019 - Rent aacrued for the month of Aug 2019 is 1,500 You are required to: 7 8 9 1. Record journal entries to approriate chart of accounts 2. Preapare Inventory Chart 3. Prepare Ledger accounts (T-account) 4. Prepare trial balance as at 31 August 2019 0 21 22 23 01 July 2019 - The Company started with Paid up Share Capitl of 50,000 in the bank account 02 July 2019 - Purchased 1,000 units of inventory for 10,000 paying through cheque 04 July 2019 - Paid 2,000 to Advertisig agency through cheque. 08 July 2019 - Purchased packing material for 1,000 10 July 2019 - 3,000 withdrawn from the bank accountant for the petty business expenses of the business 11 July 2019 - Received first order from Mr. Sallen for 150 units @ 40 per unit the odered delivered and amount received in bank through Online 12 July 2019 - Bought furniture for office staff on credit from Top Futniture Ltd, for 1,500 15 July 2019 - Sold 250 units @ 40 per unit to Home Decor on credit basis. 18 July 2019 - 50 units mishandleded and become a scrap which were sold for 5 per unit on cash 25 July 2019 - Paid 800 to Top Furniture Ltd. by cash 31 July 2019 - Utilities for 1000 accrued for the month of July 2019 but not yet paid 31 July 2019 - Salaries & Wages accrued for the month are 5,000 31 July 2019 - Rent aacrued for the month of July 2019 is 1,500 Trial Balance As at 31 July 2019 Debit Credit Closing Balance 40,000 50,000 10,000 16,000 Account Title Opening Balance 50,000 Bank A/C Share Capital Purchases A/C o Sales Alc 1 Advertising and Marketing Expense A/C 2 Packing Materials A/C 3 Cash A/C 14 Furniture 15 Top Furniture Ltd. A/C 76 Home Decor A/C 17 Scrap A/C 18 Expenses A/C 19 Expenses Payable A/C 20 Salary and Wages A/C 21 Salary and Wages Payable A/C 22 Rent Alc 23 Rent Payable A/c 2,000 1,000 2,450 1,500 700 10,000 250 1,000 1,000 5,000 5,000 1,500 1,500 24 74,450 25 26 27