Prepare Journal, Ledger, Trial Balance, Profit and Loss A/c, Balance Sheet in MS Excel and upload in AmpEducator Your name is Owner Name. 1. You started business with cash worth $12000. 2. Deposited $7500 cash into Scotia Bank. 3. Commission is paid $250 by cash 4.Rent of building paid by cash $1200 5. Received $6000 cash as service revenue 6. Laptop is purchased of $ 500 and payment is made by cheque 7. Advertisement Expenses are paid by cheque $320 8. Long term loan $2500 is taken from scotia bank 9. Bought Furniture on Credit from IKEA $ 1000 10. short term loan from friend Ms. Meera Cash $1100