Question 3 You are a trainee accountant working for a small firm of accountants. You have been asked to work on a new client, John Oteng. John recently opened a small shop through rented premises. John has supplied you with the following transactions which have taken place during January 2017, his first month of trading. John opened a business bank account with GH10,000 of his own money. 1" January 2nd January GH20,000 bank loan is paid directly into his bank account. John bought office equipment GH17,500 and paid by cheque. 3rd January 4th January GH2,000 rent paid by cheque. 5th January Inventory is purchased on credit from Gyato Limited for GH5,000. Inventory is purchased by cheque from Don-Bortey Limited for GH3,000. January 13th January Cash sales deposited at the bank was GH500. 15th January GH100 cheque paid for an advert in the local newspaper. 19th January Cash sales deposited at bank was GH1,200. 20th January GH2,000 cheque paid to Gyato Limited. 27th January Cash sales deposited at the bank was GH2,500 Required: (a) Complete the relevant nominal ledger accounts for the above transactions and extract a trial balance as at 31 January, 2017, (9 marks) (b) Write out the double entry required for the goods and the cash taken by John during January, 2017. (4 marks) (c) List and explain four (4) books of prime entry. (2 marks) [Total=15 marks) Question 4