On 1 August 2020, the owners of the Romania & Poland Ltd, decided that they will boldly go and keep their records on a double entry system. Their assets and liabilities at that date were. Fixtures & Fittings 2,400, a Motor Van 64,000 and 73,600 in the bank account. They have no liabilities at the 1st of August 2020 Their transactions during August 2020 were as follows:

• August 2: Romania & Poland Ltd received a loan of 24,800 from Halifax Bank and they deposited in their bank account.
• August 3: The amount of 5,600 was transferred from bank Account to Cash in hand account.
• August 4: Bought a second-hand Motor Van paying by cheque 12,400
• August 5: Bought fixtures & fittings 6,800 from Spanish Office Ltd. They paid 2,000 by issuing a cheque and rest of the fixtures & fittings value would remain as credit.
• August 8: Bought a new van on credit from Mercedes Plc. 17,400
• August 15: Bought fixtures & fittings paying by cash 220
• August 19: Paid Mercedes Plc a cheque for whole amount of debt
• August 25: Paid 860 of the cash in hand into the bank account
• August 28 Bought new fixtures & fittings paying via bank account 1,500

Required:

(a) Record the transactions in the general ledger (T Accounts) of Romania & Poland Ltd (12 marks)

(b) Balance up the accounts and extract a Trial Balance as at 31 August 2020. (13 marks)

Your are suppose to do task on excel or word kindly. need answer as soon as possible