3. Write up the following transactions in the books of L. Thompson 2008 Mar I Mar 2 Started business with cash $1,500. Bought goods on eredit from A. Chang $296. Paid rent by cash $28 Mar 3 Paid S1000 of the cash of the firm into a bank account. Sold goods on credit to E. Linton $54. Bought stationery S15 paying by cheque. Cash sales $49. Goods returned by us to A. Chang S17. Sold goods on credit to S. Morgan $29. Paid for repairs to the building by cash S18. E. Linton returned goods to us $14. Paid Chang by cheque $279. Cash purchases S125. Bought a motor van paying by cheque $395. Paid motor expenses in cash S15. Bought fixtures S1 20 on credit from A. Webster. Mar 4 Mar 5 Mar 7 Mar II Mar 14 Mar 17 Mar 20 Mar 22 Mar 27 Mar 28 Mar 29 Mar 30 Mar 31

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QUESTION TWO Enter the following transactions in the accounts of R.Sampa,balance off the accounts and extract the Trial Balance: 2022 Nov 1 Started in business with K15,000 in the bank. 3 Bought goods on credit from: J Small K290; F Brown K1,200; T Rae K610; R Charles K530. 5 Cash sales K610. == 6 Paid rent by cheque K175. 7 Paid business rates by cheque K130. 11 Sold goods on credit to: T Potts K85; J Field K48; T Gray K1,640. == == 17 Paid wages by cash K290. 18 We returned goods to: J Small K18; R Charles K27 19 Bought goods on credit from: R Charles K110; T Rae K320; F Jack K165. == == 20 Goods were returned to us by: J Field K6; T Potts K14. 21 Bought van on credit from Turnkey Motors K4,950. 23 We paid the following by cheque: J Small K272; F Brown K1,200; T Rae K500. == == 25 Bought another van, paying by cheque immediately K6,200. 26 Received a loan of K750 cash from B. Bennet. 28 Received cheques from: T Potts K71; J Field K42. 30 Proprietor brings a further K900 into the…