Stephanie Seamore is an events stylist and commenced Seamore Styles on 1 August 2023. Stephanie has set up the following Chart of Accounts in her accounting program: Acc # Account name 100 Cash at Bank 110 Accounts Receivable 120 Prepayments 150 Motor Vehicle at cost (MV) 151 Accumulated Depreciation -MV 200 Accounts Payable 210 Unearned Revenue 250 Car loan payable 300 Capital - S. Seamore 310 Drawings - S.Seamore 400 Styling Revenue 410 Interest Received 500 Advertising expense 505 Insurance expense 510 Motor Vehicle expenses 515 Interest expense 520 Depreciation expenses For the month of August 2023, Stephanie had the following transactions: 2 Stephanie commenced business with cash in the bank of $35,000 4 Purchased a motor vehicle for $50,000 with a loan not due to be repaid until 1 June 2024 6 Arranged business insurance for $2,900 on credit to be paid in 14 days. 8 Consulted with a couple due to wed on 1 October, receiving $2,000 as deposit 9 Paid for advertising in the September issue of a Wedding magazine $1,000 11 Received cash $800 for styling design work for local event. 13 Purchased online advertising package for $650 on credit, to be paid 4 September. 20