Write short notes of the following concepts Going concern concept Accruals concept Prudence concept Consistency concept Business entity concept Question 3 Enter the following transactions of a computer repair shop in the accounts and extract a trial balance as at 31/3/19. 2006 1 started business with C8,000 in the bank 2 bought goods on credit from the following persons Henry C760, Hyde C270, Bob C560 5 cash sales C870 6 paid wage in cash C140 7 sold goods on credit to Elliott C350, Love C420. Carl c720 9 bought goods for cash C460 10 bought goods on credit from Hyde C570 Bob C980 12 paid wages in cash C 140 13 sold goods on credit to Love C320, carl C230 15 bought shop fixtures on credit from Betty Limited C500 17 paid Hyde by C840 18 we returned goods to Bob C200 21 paid Betty Limited a cheque for C500 24 Carl paid us his account by cheque C950 27 we returned goods to Henry C240 30 King lent us C600 by cash 31 bought a van paying by cheque C4,000