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b) Post the above transactions in the General ledger. (25 marks)

General Journal that I did but I send that part so that I can see if I am on the right track

1-Mar Nissan Ad Wagon 1 200 000 Capital 1 200 000 1-Mar Bank 500 000 Cash 500 000 1-Mar Mr. Steve Johnson (Store Rent) 30 000 Bank 30 000 1-Mar Rent Deposit 30 000 Bank 30 0000 2-Mar Furniture 120 000 Bank 120 000 3-Mar Telesales Electronics 15 000 Bank 15 000 4-Mar Cash 50 000 Bank 50 000 4-Mar Purchases 555 000 Mr. Xinghu Chung 555 000 5-Mar Cash 48 000 Sales 48 000 8-Mar Sharon Nelson 10 000 Sales 10 000 Kim Samuels 15 000 Sales 15 000 Nadine Patterson 5 250 Sales 5 250 Sonia Jarrett 22 500 Sales 22 500 9-Mar Cash 32 000 Sales 32 000 10-Mar Stationery 5 000 Cash 5 000 13-Mar Mr. Xinghu Chung 32 000 Purchases return (Return Outwards) 32 000 15-Mar Purchases 155 000 Cherry's Wholesale Hair Supplies 155 000 16-Mar Bank 40 000 Klassy Kay's Salon 40 000 17-Mar Cash 14 250 Discount allowed 750 Kim Samuels 14 250 Mach 18 Salary 15 000 Bank 15 000 19-Mar Sales return (Return Inwards) 4 500 Sonia Jarrett 4 500 20-Mar Bank 17 100 Discount allowed 900 Sonia Jarrett 17 100 22-Mar Jamaica Light Company (Electricity Expense) 13 000 Cash 13 000 National Water Company (Water Expense) 2 350 Cash 2 350 Fimi Telecommunications Company (Telephone Expense) 5 300 Cash 5 300 22-Mar Security Fee (Expense) 23 000 Bank 23 000 25-Mar Cash 380 000 Sales 380 000 25-Mar Bank 300 000 Cash 300 000 27-Mar Mr. Xinghu Chung 245 000 Discount received 5000 Bank 245 000 27-Mar Cherry's Wholesale Hair Supplies 98 000 Discount received 2 000 Bank 98 000 29-Mar Drawings 30,000 Cash 30 000 31-Mar Bank 10 000 Sharon Nelson 10 000 Bank 5 250 Nadine Patterson 5 250

Shelly Ryce was employed at Fimi Telecommunications Company for ten (10) years. In recent times however, Shelly Ryce was made redundant and as a part of her redundancy payment package she received $2,000,000. Shelly Ryce has always loved wearing different hair extensions, and realizing how lucrative the hair extension business is, she decided that she wants to start a hair supplies store, called Shellyz Hair & Thingz. Shelly Ryce started operations on March 1, 2021 and she has been advised that even though it is a small business, it is very important for her to keep proper accounting records. Miss Ryce has therefore reached out to your project team to manage her accounts for her. The following transactions were for the first month of operations: March 1 Miss Ryce stated business with a Nissan Ad Wagon valued at $1,200,000. March 1 Miss Ryce opened a bank account at Scotiabank with $500,000. March 1 Miss Ryce paid a cheque for the first month's rent for the store, along with an equal amount for deposit of $30,000 to Mr. Steve Johnson. March 2 Miss Ryce purchased store furniture from Royal Cabinets Limited using cheque amounting to $120,000 March 3 Miss Ryce paid Telesales Electronics $15,000 with a cheque to set up her point- of-sale machine at the store. March 4 Miss Ryce withdrew $50,000 from the bank to keep in the business as cash in hand. March 4 Miss Ryce bought merchandise for resale from Mr. Xinghu Chung on credit, totalling $555,000 Miss Ryce's cashier sold merchandise to 12 customers, for cash, totalling $48,000. March 5 March 8 Miss Ryce approved the sale of merchandise on credit to the following customers: Customer's Name Item Quantity Cost per Item $10,000 Sharon Nelson Lace Front Wig (Human Hair) 1 Kim Samuels Revlon Hair Relax 20 $750 Nadine Patterson 15 $350 Kankelon Braiding Hair Kera Care Kit Sonia Jarrett 5 $4,500 March 9 March 10 March 13 March 15 March 16 Miss Ryce's cashier sold merchandise to eight (8) customers, for cash totalling $32,000. Miss Ryce bought stationery with the store's logo affixed to it, for cash $5,000. After unpacking all the merchandise bought from Mr. Xinghu Chung, Miss Ryce found unsatisfactory merchandise totalling $32,000 and decided to return them. Miss Ryce bought merchandise on credit from Cherry's Wholesale Hair Supplies for $155,000. Miss Ryce sold two hair dryers to Klassy Kay's Salon for $20,000 each, receiving a cheque. Kim Samuels settled her account with cash, receiving a 5% discount. Miss Ryce paid her cashier a cheque of $15,000 for her fortnightly salary. One of the Kera Care Kit was return by Miss Sonia Jarrett. Miss Sonia Jarrett paid the balance outstanding on her account by cheque, receiving a discount of 5%. Miss Ryce paid cash for the following utility bills for the month: March 17 March 18 March 19 March 20 March 22 Amount $13,000 Utility Company Jamaica Light Company National Water Company Fimi Telecommunications Company $2,350 $5,300 March 22 March 25 Miss Ryce also paid cheque for security fees for the month totalling $23,000. During the period March 17 - March 25, 2021, Miss Ryce sold merchandise for cash totalling $380,000. Miss Ryce made a cash lodgement of $300,000 to the bank. Miss Ryce paid cheques to Mr. Xinghu Chung for $250,000, receiving a 2% discount, and to Cherry's Wholesale Hair Supplies for $100,000, receiving a 2% March 25 March 27 discount. March 29 After almost a month in business, Miss Ryce felt like she wanted to treat herself to a weekend at the Secrets Wild Hotel in Montego. She withdrew $30,000 cash from the business to supplement her personal expenses. All other customers who had taken goods on account on March 8, 2021, cleared their outstanding balances, by paying with a cheque. March 31