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Please solve the following question. Please use the same labels I which are used in the table below for the Ledger account solve only
Please solve the following question. Please use the same labels I which are used in the table below for the "Ledger account " solve only b and c
The following business transactions of Mrs.Amal, a sole trader. April 2021 (1) Capital invested as cash RO 90,000 to start up the business (5) Paid RO 50000 in cash to Purchase Factory (7) Purchase of goods on credit for RO 30000 and 20500 on cash from Royal trading (8) Sale of RO 34000 on credit to Suhail trading and for cash RO 24000 (9) Paid RO 28000 liability to the Royal trading (11) Paid advertisement of RO 12000 (17) Paid salaries of RO 3500 (16) Withdraw of RO 300 for personal use (28) Collection of accounts receivable RO 23000 from Suhail trading You required to: Prepare Journal entries b. Post ledger accounts Trail balances Note: The formatting carries 2 marks. a. c. 1. CASH A/C DATE PARTICULARS REF DEBIT CREDIT BALANCE 05000 DR JT JUU J2 8000 87000 (DR) J3 40000 47000(DR VARITAL AU JUNE 1 FURNITURE JUNE 3 PURCHASES JUNE 5 SALES JUNE 11 SALARIES JUNE 2. CAPITAL DATE PARTICULARS CASH J5 5000 52000(DR) JZ 1200 50800(DR) REF DEBIT CREDIT 95000 BALANCE 95000 J1
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