Manal established an accounting firm on October 1 , 2 0 2 0 The following transactions took place in 2 0 2 1 January 1 , 2 0 2 1 The following balances were brought forward from the previous period February 3 , 2 0 2 1 Manal introduced an additional capital of $ 2 0 0 , 0 0 0 into the business and paid the money into the business bank account March 7 , 2 0 2 1 The business purchased an item of furniture and fittings for $ 6 0 , 0 0 0 and paid by cheque April 8 , 2 0 2 1 Purchased office supplies for $ 6 0 , 0 0 0 , paid $ 4 0 , 0 0 0 by cheque and the balance outstanding May 1 1 , 2 0 2 1 Rendered audit service for $ 1 0 0 , 0 0 0 Received $ 6 0 , 0 0 0 through cheque and the balance yet to be paid for June 1 4 , 2 0 2 1 Manal withdrew $ 1 3 , 0 0 0 from the business bank account for her personal use July 1 5 , 2 0 2 1 Purchased additional office supplies for $ 8 0 , 0 0 0 , $ 7 0 , 0 0 0 was paid through cheque and the balance is outstanding August 1 8 , 2 0 2 1 Brought forward account receivable were collected through the bank account September 2 1 , 2 0 2 1 Tax services were rendered for $ 1 2 0 , 0 0 0 and full payment received by cheque October 2 4 , 2 0 2 1 Purchased printing and stationery amounting to $ 2 2 , 5 0 0 and paid by cheque November 2 7 , 2 0 2 1 Khawala, a friend of Manal sold a motor vehicle worth $ 2 0 0 , 0 0 0 on account to her for her business use Payment to be made in 2 years' time December 3 1 , 2 0 2 1 Manal paid office rent of $ 1 0 , 0 0 0 for the year through bank You are required to a Prepare journal entries for all the transaction b Post all transactions to the appropriate ledger accounts c Balance off each account and extract a trial balance

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Manal established an accounting firm on October 1 , 2 0 2 0   The following transactions took place in 2 0 2 1   January 1 , 2 0 2 1 The following balances were brought forward from the previous period  February 3 , 2 0 2 1 Manal introduced an additional capital of $ 2 0 0 , 0 0 0 into the business and paid the money into the business bank account  March 7 , 2 0 2 1 The business purchased an item of furniture and fittings for $ 6 0 , 0 0 0 and paid by cheque  April 8 , 2 0 2 1 Purchased office supplies for $ 6 0 , 0 0 0 , paid $ 4 0 , 0 0 0 by cheque and the balance outstanding  May 1 1 , 2 0 2 1 Rendered audit service for $ 1 0 0 , 0 0 0   Received $ 6 0 , 0 0 0 through cheque and the balance yet to be paid for  June 1 4 , 2 0 2 1 Manal withdrew $ 1 3 , 0 0 0 from the business bank account for her personal use  July 1 5 , 2 0 2 1 Purchased additional office supplies for $ 8 0 , 0 0 0 , $ 7 0 , 0 0 0 was paid through cheque and the balance is outstanding  August 1 8 , 2 0 2 1 Brought forward account receivable were collected through the bank account  September 2 1 , 2 0 2 1 Tax services were rendered for $ 1 2 0 , 0 0 0 and full payment received by cheque  October 2 4 , 2 0 2 1 Purchased printing and stationery amounting to $ 2 2 , 5 0 0 and paid by cheque  November 2 7 , 2 0 2 1 Khawala, a friend of Manal sold a motor vehicle worth $ 2 0 0 , 0 0 0 on account to her for her business use  Payment to be made in 2 years' time  December 3 1 , 2 0 2 1 Manal paid office rent of $ 1 0 , 0 0 0 for the year through bank  You are required to  a   Prepare journal entries for all the transaction  b   Post all transactions to the appropriate ledger accounts  c   Balance off each account and extract a trial balance

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Manal established an accounting firm on October 1 , 2 0 2 0 . The following transactions

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Manal established an accounting firm on October 1 , 2 0 2 0 . The following transactions

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