Question two Enter the following transactions in the Cashbook of Tall for the month of May 2018. May 1. Tall started business with cash capital of N$90,000 2. Lodged N$50,000 into bank account 8. Purchases goods cash N$10,000 10. Cash sales N$20,000 15. Paid rent cash N$500 18. Paid insurance by cheque N$1,500 20. Purchased goods by cheque N$8,000 21. Cash sales N$15,000 25. Paid transport car NS500 27. Purchased goods by cheque N$10,000 28. Cash sales N$20,000 29. Deposited cash into bank N$15,000 4 30. Paid rent by the cheque NS500 31. Cash banked N $5,000