Question: Every entry should have narration please and use commas in each figure The following business transactions of Mrs.Amal, a sole trader. April 2021 (1 )

Every entry should have narration please

and use commas in each figure

The following business transactions of Mrs.Amal, a sole trader. April 2021 (1 ) Introduced cash RO 60,000 to start up the business (5) Paid RO 20000 in cash to Purchase building (7) Purchase of goods on credit for RO 35000 and 40500 on cash from Kahoot trading (8) Sale of RO 50000 on credit to Bhawan trading and for cash RO 65000 (9) Paid RO 26000 liability to the Kahoot trading (1 1) Paid advertisement of RO 10900 (17) Paid salaries of RO 7500 (16) Withdraw of RO 3000 for personal use (28) Collection of accounts receivable RO 43000 from Bhawan trading You required to: a Prepare Journal entries b. Post ledger accounts Trail balances Note: The formatting carries 2 marks

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