Question in Financial and Managerial Accounting.

Ons. 3: Mr. Kader Khan started Honesty Store on 1st August, 2015. The following information is related to the operations of August, 2015: August 1: Invested $40,000 cash and a furniture of $5,000. 7: Performed repair services of $4,000 and billed the clients. 20: Paid for a one year insurance policy $500. 22: Received electricity & gas bill of $1,100 from the service providers to be paid next month. 25: Paid $1,000 to the accounts payable due. 29: Paid salaries of $1,000 to the manager. 31 Borrowed $2,500 from Janata bank against a note payable Instructions: (i) Journalize the August transactions. [4] (ii) Prepare cash ledger [1]