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Question 3 8 marks The general journal of Carrie Underwood, Financial Advisor, contains the following entries for the month of June 2019. The business commenced

Question 3 8 marks

The general journal of Carrie Underwood, Financial Advisor, contains the following entries for the month of June 2019. The business commenced on 1 June 2019.

Date

Particulars

Debit

Credit

2019

June 1

Cash at Bank

Capital C. Underwood

100,000

100,000

9

Cash at Bank

Loan

36,000

36,000

18

Office Equipment

Accounts Payable

45,000

45,000

22

Accounts Payable

Cash at Bank

22,000

22,000

Required:

  1. Post the above transactions to the T-Accounts provided on the following page [5 marks]
  2. Prepare a trial balance of Carrie Underwood, Financial Advisor, as at 30 June 2019 [3 marks]

Cash at Bank

Office Equipment

Accounts Payable

Loan

Carrie Underwood, Capital

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