Question: I need this answer asap, please please I will upvote you QUESTION TWQ [20 MARKS] (a) Penny started a new ousiness on 1/6/2020 with shs.

I need this answer asap, please please I will upvote you

QUESTION TWQ [20 MARKS] (a) Penny started a new ousiness on 1/6/2020 with shs. 1,820,000 eash on 1 June 2u20. During the month she carried out the following transactions:- Ist June Deposited Shs. 715,000 in a bank account. and June Bought goods worth Shs 834,000 cash 3rd June Sold goods for Shs 930,000 cash 9thJune10thJunePaidelectricitysh.42,000cashboughtgoodsoncreditworthsh.362,000fromRaphaftd 10th June Required: (i) Record the above transactions in the relevant ledger accounts and balance off the accounts (14 marks) (ii) Extract a trial balance (2 marks) (b) Explain three errors that are disclosed by the trial baliance. (4 marks)

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