Question 4 (30 marks) TNY is a trading business. It uses the periodic inventory system. All its receipts and payments are made through the bank account. An extract of its ledger balances as at 31 March 2022 is shown below. It updates its ledger daily. TNY: Ledger balances as at 31 March 2022. Ledger Accounts Amount $ Cash at Bank A/C 200,000 Accounts Payable A/C 250,000 Accounts Receivable A/C 290,000 Capital A/C 750,000 Inventory A/C 130,000 Office Equipment A/C 80,000 Land and Building A/C 300,000 In the month of April 2022, the following events took place. April 2022 Events / Transactions 02 Bought a computer for $20,000 cash. It was for the sales manager use. 04 Bought printing paper and ink $5,000 cash for future office use. 16 19 Bought $100,000 inventory. The terms of the purchase were 2/5, n/40. TNY paid $3,000 by cheque to transport the inventory to its warehouse. Sold some inventory for $190,000. The terms of the sale were 3/10, n/30. The transport charges were paid by the customer. 20 TNY fully settled the amount owed for the 16 April purchase transaction. 30 TNY used $2,000 worth of printing paper and ink. These were bought on 4 April. 30 TNY paid $9,000 for the utilities used in the month. 30 TNY paid $ 7,000 to its workers for the April 2022 salary. (IGNORE GOODS & SERVICES TAX) REQUIRED: (a) Show ALL the ledger accounts (T-account) and post all the April 2022 transactions. (No journal entry is required). (22 marks) (b) Prepare a trial balance as at 30 April 2022. (8 marks)