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Question 3: (5 marks) Selected transactions from the journal of Alhekmn Company are presented below RetDebit Credit 50 Date Account Titles and Explanation Aug. 1Cash

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Question 3: (5 marks) Selected transactions from the journal of Alhekmn Company are presented below RetDebit Credit 50 Date Account Titles and Explanation Aug. 1Cash Owner's Capital Owner's investment of cash in Business) 6.000 Cash Service Revenue Received cash for services performed) Equipment Cash Notes Payable Purchased equipment for cash and notes payable) Accounts Receivable Service Revenue Billed clients for services performed) Cash Accounts Receivable Receipt of cash on account) Instructions a. Post the transactions to T accounts. (3 marks: each case 0.5 mark) b. Prepare a trial balance at August 31, 2017. (2 marks) Cash Note Payable Service Revenue

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