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plz full solve this exercise-5 question. (note submit exact table value) Exercise 5 Case study. During March, Zhonghuai Company completed the following transactions, (1) Accepted

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plz full solve this exercise-5 question. (note submit exact table value)

Exercise 5 Case study. During March, Zhonghuai Company completed the following transactions, (1) Accepted investment of equipment worth $20 000 from shareholder A; (2) Withdrew cash of $800 from Bank; (3) Paid $50 (cash on hand) to supplies purchased from Store; (4) Performed service for a customer and received $ 5 000(cash in bank); (5) Paid bank charges for $10 (cash in bank); (6) Purchased raw materials from supplier B on credit for $300; (7) Paid $300 (cash on hand ) of advertising fee to Marketing Department; (8) Recognized $100 as the bad debt expense of the accounting period with bad debt allowance method; (9) Purchased a patent from company D and issued a note payable with the par value of $4 000 to the seller: (10) Paid $300(cash in bank) to supplier B; (11) Deposited $300 (cash on hand) to Bank; (12) Closed related revenues, cost and expenses to income summary. Requirements: (a) make related entries; (b) prepare a trial balance. Trial Balance Preparing unit:Zhonghuai Company March 31, 2014 Unit: USD Beginning Balance Accrual Ending Balance Account Debit Credit Debit Credit Debit Credit Cash on hand Cash in bank 10 000 Ending Balance Account Beginning Balance Debit Credit Accrual Debit Credit Debit Credit Accounts receivable 1 000 Bad Debt Allowance Fixed assets 10 000 Intangible assets Notes payable Accounts payable 1 000 Raw materials Paid-in capital 20 000 Prime operating revenue Administrative Expenses Financial Expense Selling Expense Income Summary Total 21 000 21 000

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