SECTION I Question 1 Make the double entries, enter the following accounting transactions in the relevant...

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SECTION I Question 1 Make the double entries, enter the following accounting transactions in the relevant accounts and prepare the trial balance. (a) Mr Rouvas contributed 100,000 in cash to the business. (b)He opened a bank account by transferring 50,000 of cash to bank. (c) He bought a car for 10,000 paid by cheque. (d)He made purchases 12,000 on credit. (e) He withdrew 1,000 of cash for private use. (f) He paid office expenses 2,000 by cheque. (g) He made sales 25,000 on credit. (h) He forgot to pay the rent 500. (i) He paid stationery 150 cash. (j) He sold the car for 8,000 cash. SECTION I Question 1 Make the double entries, enter the following accounting transactions in the relevant accounts and prepare the trial balance. (a) Mr Rouvas contributed 100,000 in cash to the business. (b)He opened a bank account by transferring 50,000 of cash to bank. (c) He bought a car for 10,000 paid by cheque. (d)He made purchases 12,000 on credit. (e) He withdrew 1,000 of cash for private use. (f) He paid office expenses 2,000 by cheque. (g) He made sales 25,000 on credit. (h) He forgot to pay the rent 500. (i) He paid stationery 150 cash. (j) He sold the car for 8,000 cash.