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Section C [SK2: 1 x 10 marks] Ci Transactions of Star Company for the month of April 2019 are presented below: April 1: The owner
Section C [SK2: 1 x 10 marks] Ci Transactions of Star Company for the month of April 2019 are presented below: April 1: The owner invested $350,000 to start his business April 5: Purchased equipment from Sky Company for $35,000, paying $10,000 cash and the remaining April 10: Purchased supplies April 14: Invested additional $120,000 cash in the business. April 17: Services billed to customers amounted to $15,000. April 25: Received a bill for $900 for advertising of the current month. April 28: Paid $7,500 as salaries of the month. April 30: The owner withdrew $1,200 cash from the business for his personal amount will be paid after 10 days. on account for $2,400. use. Required: Prepare journal entries to record the above transactions. (4 marks) b-Post to the appropriate ledger accounts. (4 marks) Prepare the trial balance on a- April 30, 2019. (2 marks) C
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