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Question No 2: (10 + 10 - 20 Marks) You are required to post the following journal entries to the respective ledger account and to

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Question No 2: (10 + 10 - 20 Marks) You are required to post the following journal entries to the respective ledger account and to prepare trial balance from the ledger accounts Date Particulars L.F. Debit (RO) Credit (RO) 1/04/2020 Dr. Cash 100,000 Cr: Capital 100,000 2/04/2020 Dr: Furniture 2.500 Cr: Cash 2.500 3/04/2020 Dr. Equipment 5000 Cr: Account Payable 5000 5/04/2020 Dr. Accounts Receivable 1.500 Cr: Revenue 1.500 7/04/2020 Dr: Utility expense 2000 Cr: Cash 1000 Cr: Accounts payable 1000 8/04/2020 Dr: Cash 5000 Dr. Accounts receivable 1000 Cr: Revenue 6000 10/04/2020 Dr. Miscellaneous expense 200 Cr: Cash 200 12/04/2020 Dr: Accounts payable 5000 Cr: Cash 5000 15/04/2020 Dr: Cash 1000 Cr: Accounts Receivable 1000 30/04/2020 Dr Dividends 500 Cr: Cash 500 4 Page

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