question 4. )Assume that you want to start your business on the 1st of August 2020. Undertak emarket research and prepare a list of possible business events and transactions that willhappenduring August. you should provide at least 20transactions and event related to the activity of your business. Analyse the effect of them on the basic accounting equation and decide which transactions or events should be recorded.

1. Started cash with $2000
2. Opened a bank account and deposited $2000 in bank.
3. Buying soccer products shoes, kits,gloves
4. Sold 10 pairs of soccer boots for $130 to customers
5. Paid rent $500 for the month of August
6. Manchester united inquired for buying 100 footballs.
7. Replied to manchester united to supply football @50 each for 50 pieces
8. Got order from Manchester united for supplying 50 footballs @50/pc and advance check of $1500
9. bought 50 footballs @30 each
10. Paid freight 200 for supplying football
11. Raised bill of $2500 on Machester united for supplying football
12. Received final payment of $1000 from manchester united for suplying football.
13. Paid $1000 for making display furniture at shop
14. Paid $100 for shop insurance
15. Paid $250 for electric lights and fixtures
16. Hired a free lancer for advertising on social media and paid him $100
17. Hired a part time accountant on a monthly basis at a salary of $500
18. Invested $10000 in business to buy new stocks
19. Inquired to buy 100 complete kits of different ages for playing soccer
20. Selected the supplier from whom we are going to buy the soccerr kits @500/kit

question 5

Use the information from question 4 and record the transactions or events that should be recorded in the general journal and post them to the ledger accounts and prepare the trial balance;ensure you include narrations and date.(Do the market research to make sure that the amounts are as real as possible and do not forgot to mention your references).

can someone answer question 5 please. question 4 is linked to question 5