Exercize $3\mathrm{.}10$

Recording tranzactions in general journal and gemeral ledger

In December $2025,$ the following tranzactions occurred in Macchiato's Coffee Roasters buainesa that anplies cafez and also sella direct to the publica

Dec. $2$ Michael Macihiato inveated $5$ ES $00000$ inte the business of Macchiatos Cottee Roasters by purchasing a sully squpped cottee masting tusiness. The business acquired consisted of the following assets and lathilties.

Land

Bulding

$$1200000$

Coflee roasting equipment $1000000$

Otice equipment $420000$

Accounts payable $60000$

$5$ Purchased some new roasting equipment on credit for $$1600$

$6$ Collected eash from customers for the month, $$220000.$

$12$ Paid the acoounts payable owing on $2$ December when

$14$ Purchased an insurance policy for the year for $$6000$ cash.

$18$ Purchased television advertising for the Christmas$-$New Yosh.

$23$ Collected fees in cash from customers for the Christmas$--$

$30$ Michael withdrew $$8000$ eash in order to pay for private Ch Year period, amounting to $$46000.$

Required

$($a$)$ Prepare general journal entries for each of the above tranactions and events.

$($b$)$ Post the entries to ledger $T$ accounts and balance the accounts as at $31$ December $2025.$