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I have included previous month ledger for your information. required is ledger and journal.

edit. 12 Feb 2019 - Purchased inventory costing 5000 from Brex Ltd on credit

rent - 1,000 utilties - 1000 salaries and wages - 8500 delivery van - 11 Jan 2019 - The Company teaased a delivery van from the bank, the market value of the car is $20,000 and company paid 20% down payment Monthly intallments are 1,000 a month to be paid at the end of the month, 5% interest is included in the installment payment After recording the transactions for the month of March 2019, you are required to brought forward all the ledger balances and show the opening balances in the trial balance. During the month of March 2019, following financial transactions took place: 01 Marh 2019 - Paid all the Accrued Liabilities for the previous month by cheque 02 March 2019 - Sold goods to Freds Ltd. for 10,000 on credit 04 March 2019 - Paid Brex Ltd. in full and received a discount of 1% 08 March 2019 - Paid 500 for Office Cleaning and Janitorial Services. 10 March 2019 - Paid 500 for staff entertainment 11 March 2019 - Paid 500 for the delivery van fuel and maintenance 12 March 2019 - Received half of the outstanding amount from Freds Ltd. 15 March 2019 - Purchased office stationery for 100. 18 March 2019 - Paid charity and Donation for 2,000 31 March 2019 - Paid monthly installment of the delivery van 31 March 2019 - Accrued Office Rent 1,000 31 March 2019 - Accrued utilities for 1,000 for the the month of March 2019 31 March 2019 - Accrued Salanes & Wages for the month. The company sells all its inventory at a profit margin of 40% You are required to: 1. Record journal entries to approriate chart of accounts 2. Prepare Ledger accounts 4. Prepare trial balance as at 31 March 2019 7 3 9 0 1-Feb-19 Utility Expenses Payable Rent Payable Salary & Wages Payable Bank 1,000 1,000 8,500 10,500 2-Feb-19 Bank Trade discount allowed Sales Revenue 2,940 60 3,000 1,800 Cost of goods sold Inventory (3000

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