QUESTION TWO (20 MARKS) A) Record the following transactions for the month of November in the books of Khaminwa enterprises. November 1: Started Started business with Sh.175000 in cash November 2: Put Put Sh140000 of the cash into the bank account November 3: Bought goods for cash worth Sh.7500 November 4: Bought Bought stationery on credit Sh.17000 from Nzomo November 5: Bought goods on credit from Isaac Sh 18000, Philips Sh.24500, Timothy Sh.5500, Mathew Sh17000 November 6: Paid rent by cheque Sh.2750 November 7: Sold goods on credit to Njeri Sh 4500, Onyango Sh7500, Muiru Sh 9500 ,Tinga Sh 8000 November 8: Bought Bought furniture from Irungu Suppliers on credit Sh 24000 November 12: Paid Paid salaries and wages Sh 6000 cash November 14: Returned goods to Timothy Sh 3000, Philip Sh 2000 November 15: bought Bought an old motor van by cheque Sh 35000 November 16: received Received loan from Henry by cheque Sh 30000 November 17: Goods returned to us by Njeri Sh1000 Sh1000 Muiru Sh 2000 November 18: Cash sales Sh 450 November 30: Received Sh 25000 Received Sh 25000 from Tinga in cash. Required: i. Record the transactions on the relevant ledger accounts in the books of Khaminwa Itd for the month of November 2020. (12 Marks) ii. Extract a trial balance for the month of November 2020 in the books of Khaminwa Itd. (8 Marks)