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Question 1 : [ 3 8 marks ] Below is the Ledger of Timothy Kingfisher for January 2 0 2 2 DRCapital 5 / 1

Question 1: [38 marks]Below is the Ledger of Timothy Kingfisher for January 2022 DRCapital 5/1/2022TotalBank 6/1/20228/1/202210/1/2022TotalPurchasesTotalCR30,00030,000CR 20,0001,00012,00033,0003,00020,00020,000 Closing balance / c/d 30,000BankOpening Bal / b/dPurchases ComputerOffice equipmentOpening Bal / b/d Closing Bal / c/d30,000 Total 30,000 DR5/1/2022 CapitalClosing Bal / c/d30,0003,000 Total 33,000 DR 6/1/2022TotalCR BankOpening Bal / b/d20,00020,00020,000 Brunel University London Pathway College NM1607 COURSEWORK (Assessment-A S32023) DR 8/1/2022TotalDR 10/1/2022TotalDRTotalBankOpening Bal / b/d BankOpening Bal / b/d Closing Bal / c/d1,0001,0001,000ComputerTotalClosing Bal / c/dClosing Bal / c/dMr. R.R. Yogo Opening Bal / b/d Closing Bal / c/dCR1,000CR12,000CR 10,00010,00010,00010,00010,0001,000 Office equipment 12,00012,00012,00012,00010,00010,000TotalSale 25/1/2022Total DR25/1/2022 SaleTotalOpening Bal / b/dRequired:1) Write down the transactions relating to the ledger postings above [10 marks]2) Journalise the entries [10 marks]3) Using an email format, advise the owner of the business drawing on evidence from the balances in the T accounts [15marks]4) What would the balance be on the Bank T-Account as at 9th January 2022. Show workings. [3 marks]{LO: Accounting equation; Double entry bookkeeping; Introduction to Journal & Ledger Accounting}

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