Q2 1. Mr Jones started business with capital (Brought cash in $ 20,000) 2. Paid salaries to staff $ 3000 3. Purchase Machinery for $ 8000 in cash 4. Place an order with Ab &CO for goods $ 2000. 5. Opened a bank account by depositing $2000. 6. Appointed new manager on a salary of $ 1000 per month. 7. Received interest from bank $ 400 8. Bought machinery of $2000 on credit 9. Bought goods on credit $ 1500 10. Sold goods on cash $5000 and on credit 3000. Requirement: State whether the following events from accounting transaction. Prepare and Balance the Accounting equation. Prepare Journal entries and T accounts Prepare Trail Balance.