Mr. Patrick Mburu commenced business with the following balances in his books on 1 April 2020 Shs. Motor vehicles 200,000 Premises 250,000 Furniture and fittings 50,000 Office equipment 40,000 Debtors: George 12,000 Lovincer 14,000 Desderio 11,000 Dedan 8,000 Creditors: Kalifani 19,750 Meshack 22,000 Stock on hand 48,000 Cash in hand 16,250 Bank overdraft 17,500 April 1 Paid rent Sh.3,750 cash 1 Received loan from AFC Sh.125,000 which he banked on the firms account 3. Bought goods for resale Sh.10,000 by cheque 5 Cash sales Sh.25,000, banked Sh.20,000 8 Purchased goods from Kalifani Sh.18,750 less 10% trade discount 10 Returned goods to Kalifani Sh.1,500, received credit note 10 Paid wages Sh.6,500 cash to assistant 15 Cash sales Sh.20,000, banked Sh.15,000 16 Sold on credit goods to Lovincer Sh.6,000 less 5% trade discount 17 Dedan bought further goods Sh.14,000 by cheque. He also settled his old account in cash Less 5% cash discount 20 Paid Meshack on account Sh.10,000 21 Cash purchases Sh.18,000 22 Drew cheque for self Sh.2,500 and for office use Sh.5,000 24 Settled Kalifani account in full less 5% cash discount25 Paid wages to assistant, Sh.1,500 cash 27 Bought goods from Hellen Sh.45,000 less 19% trade discount 28 Paid electricity bill Sh.9,000 by cheque; water bill Sh.1,300 in cash 29 Paid advertising Sh.3,375 cash 30 Paid office expenses Sh.1,625 cash 30 Returned goods Sh.2,000 to Hellen, received credit note 30 Sold old desk Sh.4,750, cash and bought new electric calculator at Sh.6,500 by cheque Required: a) Find Mr. Patricks opening capital (5 marks) b) Enter the following transactions through the books of original entry including the three column cash book, to the ledger for the month of April (15 marks) c) Balance off the accounts and extract a trial balance (10 marks) d) Prepare Trading and Profit and Loss account for the month ending 30th April 2020 and A balance sheet as at that date (10 marks) Note: Closing stock on 30th April 2020 was valued at Sh.54,950