QUESTION 1 SOP Nadia started a fashion business on March 2020. The following are the business transactions for the month of March: 1. March 1: Started the fashion business by investing $65,000 Bash. 2. March 3: Purchased Goods costing $12,000 on credit from the Fabric Company. 3. March 5: Got new Delivery Van for $20,000 on credit from Kia Motors. 4. March 10: Sold Products for $8,000 cash. 5. March 15: Returned Goods worth $1000 to the Fabric Company. 6. March 20: Sold Products worth $8,000 on credit to Zara. 7. March 23: Paid $6,000 cash to the Fabric Company 8. March 25: Received cash from Zara for $5,000. 9. March 30: Paid $15,000 cash to Kia Motors. Required: a. [20 marks) Prepare journal entries for the above given transactions. b. [20 marks] Use your journal entries to prepare and balance the ledger accounts. c. [10 marks] Prepare a Trial Balance Use the below tables and add as much as needed rows Journal Entries Date Name/Description Category Debit Credit Rel. Click Save and Submit to save and submit. Click Save All Answers to save all answers. . TZUSTELLEN TU UTK KVETUTSIUS. b. [20 marks) Use your journal entries to prepare and balance the ledger accounts c. [10 marks] Prepare a Trial Balance Use the below tables and add as much as needed rows Journal Entries Date Name/Description Category Ref. Debit Credit Ref: Ledger Account Name: Trial Balance Debit Credit Account Arial 3 (12pt) T.EE TTT S mit Click Save All Answers to save all answers