Question 5 (60 marks) The following information related with the transactions of P. Hewitt in his first month of trading of his new business set up in Brampton, Ontario. 2022 March 1 Started business with cash $50,000. 5 Purchase equipment by cash $15,000. ** 9 Purchase motor van on credit from Benz $10,000 11 12 Paid $26,000 of the cash of the business into a bank account. Paid the amount owing to Benz for the motor van purchased on March 9 by cheque. 14 Paid monthly office rent by cash $1,000. You are required to write up the above transactions in the books of P. Hewitt in the "T accounts" as listed in the next page. Note: You don't need to close the books at the end of the month. **** END OF TEST 14 _Group_C_D_Test_01 3 Answer sheet for Question 5: Date Particulars 2022 Date Particulars 2022 Date Particulars 2022 Date Particulars DAG Group CD Test 01 ACE Acumen Academy Cash 5 Date Capitul Date Motar Van Date 2022 S Particulars Particulars Bank S Date Particulars 2022 S 250 Pages 26:7 x 20:3 Ruled Paper Papier ligne S S Date 2022 Particulars Particulars Date 2022 ACE Acumen Academy BMW Particular 5 Dale 2822 Re Partician Date 2122 ACE ACUMEN ACADEMY OAG Group 81 Test 01