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requirements are on the first picture and data on second picture Requirements: (a) You are required to enter the above transactions in the relevant ledgers.

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Requirements: (a) You are required to enter the above transactions in the relevant ledgers. (b) Extract the Trial Balance as at 28th February from the ledger accounts above. Question three: The following information has been extracted from the books of Adrian Hughes for the month of February 1st Feb Adrian introduced 80,000 to start his business. He lodged 60,000 to his bank accounted and kept the balance as cash in the business. 2nd Feb Bought goods for resale on credit for 18,000 5th Feb Paid rent for the premises by cheque for one year, 22,000. 9th Feb Adrian provided a loan to the business of 30,000. The money was from his personal savings and was lodged to the company bank account 10th Feb Bought stationery for cash 840 14th Feb Paid heating bill of 230 by cheque 16th Feb Bought Motor Vehicle for the business at a cost of 27,000. This was paid for by cheque 17th Feb Goods sold on credit with a value of 3,200 were returned to the business. Adrian had not yet received settlement for this sale. 18th Feb Goods bought on credit which cost 1,000 were returned to the supplier due to a defect. (This amount was outstanding to the supplier at the time of return). 19th Feb Paid 16,000 to Trade Payables by cheque 20th Feb Sold goods for cash 15,400 21st Feb Sold goods on credit for 28,300 22nd Feb Paid wages by cheque 10,320 23rd Feb Repaid 8,500 of the loan to Adrian by cheque 24th Feb Bought goods for resale on credit for 8,100 25th Feb Sold goods for cash 5,800 26th Feb Received cash from customer of 13,900 and lodged to Bank account 27th Feb Paid for advertising in trade magazine 1,830 by cheque 28th Feb Paid trade payables by cheque 6,700

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