Q1 Please find below the financial transactions of BBA who Is sole trader 1 Mar Paid $70 rent for land for the month of March, from his own funds 3 Mar Bought equipment on credit for $400 from JKL 4 Mar Bought plants for $2,000, paying from his own funds 8 Mar Received $100 cash for a talk to the local horticultural society 10 Mar Sold plants for $1,200, being paid by cheque. BBA opened a business bank account with this amount. 12 Mar Paid wages of $50 in cash 14 Mar Bought plants for $800 on credit from BHH 18 Mar Sold Plants for $500 on Credit to PB 23 Mar Paid $100 local business tax by cheque 28 Mar Paid wages of $20 in cash 31 Mar Sold plants for $240, being paid in cash At 31 March, BBA had a closing inventory of plants which cost $1,400 On 31.3.x7 the business made the following transactions 1. Bought material for $1,000 half for cash and half on credit 2. Made $1,040 sales $800 of which was for credit 3. Paid wages to shop assistants of $260 in cash