Question two (25 marks) a)A classmate who is a computer science major thinks that accountants are no longer needed. She states that computers can do the entire process without any human assistance. Discuss the steps in the recording process and indicate what role the accountant and the computer plays in that process.(6 marks) POAI 08/12/17 Page 2 Scanned with CamScanner Selected transactions for Minwood, in the first month of business,are as follows. an. 2 Invested K15,000 cash in the business. 3 Purchased used car for K5,200 cash for use in business. 9 Purchased stationary on credit for K500. 11 Billed customers K2,100 for services performed on credit. 16 Paid K450 cash for advertising. 20 Received K1,300 cash from customers billed on January 11. 23 Paid creditors K300 cash on balance owed. 28 Withdrew K2,000 cash for owners personal use. a) Prepare the journal entries for the above transactions (8 marks) b) Post the transaction to the ledger accounts, and prepare a trial balance (use T accounts) (11 marks)