Question: SECTION B: PROBLEM-SOLVING There are THREE (3) questions in this section. Answer ALL questions in the Answer Booklet. Question 1 A. Ghazz Trading started its

 SECTION B: PROBLEM-SOLVING There are THREE (3) questions in this section.

SECTION B: PROBLEM-SOLVING There are THREE (3) questions in this section. Answer ALL questions in the Answer Booklet. Question 1 A. Ghazz Trading started its business in October 2021. Given below are the extracts of the business transactions: Required: a) State the double entry and type of journal for each of the following transactions using the format given: Example: b) State any TWO (2) of assets and TWO (2) of liabilities for the transactions above. (18 marks) (4 marks)

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