We have to solve these required for the transaction below

ATTENTION HERE :

WE ARE REQUIRED TO SOLVE THESES ( ITS CALCULATION QUESTION NOT EXPLAINING )

Step 2 Accounting Cycle Journalize Business Transactions

You are requested to journalize the assumed transactions for your chosen business during the month of August 2020!

STEP 3 ACCOUNTING CYCLE- Posting or Ledgering the journal entries

You are requested to Posting or Ledgering the journal entries the assumed transactions for your chosen business during the month of August 2020!

STEP 4 ACCOUNTING CYCLE Preparing Trial Balance

You are requested to Preparing Trial Balance the assumed transactions for your chosen business during the month of August 2020!

Step 5 Accounting Cycle Journalize and Post Adjustments

You are requested to Performing adjusting the assumed transactions for your chosen business during the month of August 2020!

Step 6 Accounting Cycle- Laying down adjusted trial balance

You are requested to Laying down adjusted trial balance the assumed transactions for your chosen business during the month of August 2020!

Step 7 Accounting Cycle Prepare Financial Statements

You are requested to Prepare Financial Statements the assumed transactions for your chosen business during the month of August 2020!

Step 8 Accounting Cycle- Book Closing

You are requested to Book Closing the assumed transactions for your chosen business during the month of August 2020!

Step 9 Accounting Cycle-Post-closing trial balance

You are requested to Post-closing trial balance the assumed transactions for your chosen business during the month of August 2020!

Account Receivable Supplies Cash + Account Payable Revenues Equipment Owner's Capital Owner's Drawings Transaction Total Expenses Total + + + +$9,000 +$9,000 1 +$8,000 2 ($8,000) +$2,400 3 +$2,400 4 +$5,000 ($5,000) ($1,950) 5 ($1,950) +$4500 +S4,500 6 7 +$6,000 ($6,000) +$12,500 $13,950 +S4,500 +$9,000 +$2,400 ($1,950) $13,950 Total $12,450 ($11,000) DATE TRANSACTION AMOUNT ANALYZE ANALYSIS 2/8/2020 $ 9000 Introduction of capital in the business Liability increased i.e., capital and Asset increased cash in hand 7/8/2020 $8000 Motor van purchase from Makers Traders The fixed Asset which is motor van increased while cash which is current Asset reduced 10/8/2020 $2400 Sales in cash basis to Trainers merchandize The stock Current Asset decreased while Cash which is Current Asset increased 17/8/2020 $5000 Cash increased while debtors deceased Received cash from Debtor Max 22/8/2020 Paid Advertisement, wages and salaries and delivery. $450, $700 and $800 Expense paid resulting to decrease of Cash 25/8/2020 $4500 Purchase Machinery on credit from Howard Fixed asset increased while liabilities i.e., creditor increased 31/8/2020 $ 6000 Cash Receive money by cheque from Amazing enterprise