full method

1. The following transactions occurred during the month of July for XYZ Company: a) Started the business with a cash investment of RM10,000. b) Purchased office supplies for RM500 on cash. c) Purchased inventory on credit for RM5,000. d) Sold inventory for RM8,000 in cosh. e) Paid RM800 cash for rent expense. f) Paid RM 1,500 to suppliers for inventory purchases. 9) Paid RM200 cash for utilities expense. Record the above transoctions in the journal. (7 morks) 2. Post the journal entries from Question 1 to the respective ledger accounts. (7 marks) 3. Using the information from the ledger occounts, prepare a trial balance as of July 31st, 2023. (6 marks)