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Question 2 (11 marks) Although Sahra now pays Stone & Co Accounting Specialists Pty Lid to manage the accounting function of the business, she likes

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Question 2 (11 marks) Although Sahra now pays Stone & Co Accounting Specialists Pty Lid to manage the accounting function of the business, she likes to prepare a few journals when she has time. The following general Journal entries for the business Vacation were prepared by Sahra for transactions occurring in October however she needs your assistance in posting them to the General Ledger. Sahra has posted the opening balances into the general ledger and they are correct. Required: Post the General Journals recorded below to the General Ledger provided on the following page. Remember to foot each ledger to determine the Jeder balance Hints to assist in completing the ledgers: . Do not delete the opening balances given. The ledgers are formatted using tables, therefore it is best to navigate through the ledgers using the 'tab' function, When using tables, it is often easier to click on the "T" function so you can see the formatting It is quite acceptable to shorten account names ie. Cash at Bank becomes CAB. . Date Details Debit ($) Credit (5) 2 November 4 000 500 3 500 LT. Expense Cash at Bank Accounts Payable (Upgrade of webpage functionality and layout) 2 895 2 895 10 November Equipment Cash at Bank (business purchased speakers for the shop) 285 285 16 November Cash at Bank Equipment (Sold old sewing machine for cash) 395 395 21 November Sewing Mannequin Capital (Sahra contributed a sewing mannequin from her home to the business) 3897 3897 26 November Accounts Payable Cash at Bank (Paid for supplies purchased in October) 1 200 1 200 30 November Cash at Bank Beachwear Sales (Sales of beachwear at local surfing event) 10 August 20 for the balance to be beach volleyball ashles on August 11 inan that "Vocation' bord cord each wand of ch Post the journals from above to the General Ledger provided below. All ledgers below must be footed (the balance must be made clear either by way of 'c/d' /'/d' notation, the wording 'balance next to the amount, highlight the balance or with a circle around the balance) Cash at Bank (CAB) November 1 Balance 23 000 Sewing Mannequin Equipment Balance 18 200 November 1 B Accounts Payable November 1 1 500 Balance Capital November 1 Balance 32 000 Beachwear Sales November 1 Balance 129 320 I.T. Expense 6 239 November 1 Balance (assignment continues over the page)

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