QUESTION ONE

$[25]$

The transactions below relate to S ASH for the month ended $30$ June $2021.$

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|\}$

$\backslash$hline Date & Transactions & Amount $\backslash \backslash$

$\backslash$hline $2021$ & & R $\backslash \backslash$

$\backslash$hline Jun $01$ & S Ash deposited capital into the business bank account & $80000\backslash \backslash$

$\backslash$hline $05$ & The business obtained a loan from LTC Bank & $15000\backslash \backslash$

$\backslash$hline $07$ & Acquired a vehicle and settled the purchase price by cheque & $25000\backslash \backslash$

$\backslash$hline $08$ & Bought cleaning material from AD Suppliers on credit & $500\backslash \backslash$

$\backslash$hline $10$ & Invoiced Dekker Hotel for cleaning services rendered & $1000\backslash \backslash$

$\backslash$hline $12$ & Received a cheque from Dekker Hotel and deposited it in the bank account & $500\backslash \backslash$

$\backslash$hline $14$ & Paid Salaries by cheque & $1500\backslash \backslash$

$\backslash$hline $16$ & An advert was published in the daily news. This is payable in $30$ days & $250\backslash \backslash$

$\backslash$hline $25$ & S Ash transferred his personal equipment into the business & $10000\backslash \backslash$

$\backslash$hline $30$ & Stationery on hand & $1000\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

Required:

Analyse the above transactions in tabular form as follows:

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|$l$|\}$

$\backslash$hline A$/$C$.$DEBIT & A$/$C$.$CREDIT & $\backslash (\backslash$mathbf$\{$A$\}=\backslash )$ & $\backslash (\backslash$mathrm$\{$E$\}+\backslash )$ & L $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$