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QUESTION TWO Part A The following books of prime entry are available for a sole...

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QUESTION TWO Part A The following books of prime entry are available for a sole trader for the month of March 2021 Purchases Day Book Date Analysis 03-March Goods for resale 19-March Goods for resale Total Ksh 6,050 4,125 10,175 Net Ksh 5,500 3,750 9.250 VAT Ksh 550 375 925 Purchase Returns Day Book Date Analysis Ksh 11-March Goods resale Total Net VAT Ksh Ksh 1.2981180 118 1,298 1.180 118 Sales Day Book Date Analysis 9-March Sale of goods 24-March Sale of goods Total Ksh 1,375 21.890 23.265 Net Ksh 1.250 19.900 21.150 VAT Ksh 125 1.990 2,115 Sales Retums Day Book Date Analysis 28- March Sale of goods Total Ksh 2.365 2,365 Net Ksh 2.150 2.150 VAT Ksh 215. 215 VAT e Ksh NCA Ksh Cheque Payments Book Dat Analysis Total Ksh 7- March Payables 15.250 19-March VAT 6,410 28-March Fixtures & Fittings 5.420 27,080 Payables Ksh 15.250 6,410 6,410 5.420 5.420 15.250 Cash Receipts Book Dat Analysis 16-March Receivables Total Ksh 18.210 18.210 Receivables Ksh 18,210 18.210 You are required to: Post the books of prime entry above to the relevant T accounts and balance these T accounts. (Guidance: please note that some closing balances may appear unusual as you have not been given opening balances above) 8 Marks

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