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Question 1 (5 marks), ICLO 2] For the following transactions pass journal entries, prepare ledger accounts and also prepare the trial balance. 2018 April 1.

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Question 1 (5 marks), ICLO 2] For the following transactions pass journal entries, prepare ledger accounts and also prepare the trial balance. 2018 April 1. Saleh started business with cash $100,000, stock $30,000 and furniture $10,000 2. Purchased goods from Basem $60,000 3. Sold goods to Maher $70,000 5. Sold goods for cash $80,000 7. Purchased goods for cash $30,000 9. Paid to Basem $40,000 17. Received from Maher $40,000 25. Withdrew for personal purpose $4,000 26. Received commission $6,000 sale Oins 26. Paid rent $8,000 27. Sold goods to Anas $50,000 28. Purchased from Subhi $42,000 D

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