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23:33 Jacob started his business on 1 July 2018 with capital of sh. 82200; sh. 31400 cash and sh. 50800 in the bank. The following transactions took place in the month of July: July: July 1: Bought goods for cash sh. 8200 July 6: Bought goods on credit from Jaka enterprises for sh. 11600 July 7: Sold goods on credit to Odero sh. 17800 July 10: Withdrew sh. 1000 in cash for private use July 13: Paid Jaka enterprises in full July 14: Sold goods on credit to Eric sh. 12800 July 15: Received ksh. 8000 in cash from Eric for part payment of his account July 17: Goods worth sh. 800 were returned by Eric July 21: Purchased goods on credit sh. 17400 from Mayuno Itd July 24: Paid sh. 12000 to Mayuno Itd by cheque July 25: Purchased furniture on credit from supreme Itd for sh. 16000 July 25: Banked sh. 4400 from cash till July 27: Eric was unable to pay his account although he raised sh. 2000 cash and the remaining amount was declared bad debt July 28: Mavuno Itd. issued a credit not of sh. 1200 July 29: Jacob used goods worth sh. 800 for personal use July 29: Paid sh. 1000 by cheque as deposit for placing an advertisement July 29 Paid wages to a shop assistant sh. 3600 cash July 30: Made cash sales of sh. 43600 and banked sh. 40000 July 31: Received sh. 11800 in cash from Odero Required: i. Ledger account to record the above transactions. [7 marks] ii. Trial balance as at 31" July 2018. [3 marks] QUESTION TWO Using regression analysis and high-low method estimate the following from the dasta given below X 20 ,23, 30, 28 ,35 ,42 Y 300,320,400,370,420,600 i Cost of producing 1500units ii number of unit that can be produced with a budget of 120,00 O O