QUESTION ONE
Mr. Balham started business on July 1, 2019 with a capital of GH¢16,000 cash.
July 2. Opened a bank account with GH¢8,000
July 2. Bought goods costing GH¢1,000 with cheque
July 3. Purchased Shop Fittings on credit from Jupiter Furniture at GH¢5,000
July 5. Bought motor van by cheque GH¢4,000
July 8. Purchased stationery GH¢150 and goods GH¢5,000 by cash
July 17. Paid insurance GH¢100 by cash
July 18. Cash sales made GH¢2,500
July 20. Sent cash of GH¢2,700 to the bank
July 22. Withdrew GH¢1,000 from the bank for personal use
July 25. Paid motor expenses GH¢300
July 28. Cash sales sent to the bank GH¢5,400

Required: Prepare the ledger accounts of Mr. Balham and extract a trial balance.

a) Ledger Accounts:

1) Capital Account

                                      Debit        Credit       Balance

Cash                                            GH¢16,000  GH¢16,000

Cash Account

Date                                            Debit          Credit          Balance

July 1    Capital                        GH¢16,000                        GH¢16,000

July 2   Bank                                                 GH¢8,000   GH¢8,000

July 8   Stationery                                        GH¢150        GH¢7,850

July 8   Purchases                                        GH¢5,000   GH¢2,850

July 17  Insurance                                         GH¢100       GH¢2,750

July 18  Sales                          GH¢2,500                         GH¢5,250

July 20 Bank                                                 GH¢2,700   GH¢2,550

July 25 Motor Expenses                              GH¢300      GH¢2,250

3) Bank Account

Date                                            Debit          Credit          Balance

July 2   Cash                              GH¢8,000                    GH¢8,000

July 2   Purchases                                       GH¢1,000   GH¢7,000

July 5   Motor Van                                       GH¢4,000  GH¢3,000

July 20 Cash                              GH¢2,700                    GH¢5,700

July 22 Drawing                                           GH¢1,000   GH¢4,700

July 28 Sales                             GH¢5,400                    GH¢10,100

4) Purchases Account

 Date                                            Debit          Credit          Balance

July 2  Bank                                GH¢1,000                     GH¢1,000

July 8  Cash                                GH¢5,000                    GH¢6,000

5) Furniture & Fittings Account

Date                                            Debit          Credit          Balance

July 3  Accounts Payable           GH¢5,000                   GH¢5,000

6) Accounts Payable

Date                                            Debit          Credit          Balance

July 3  Furniture & Fittings                           GH¢5,000   GH¢5,000

7) Motor Van

Date                                            Debit          Credit          Balance

July 5  Bank                               GH¢4,000                       GH¢4,000

8) Stationery

Date                                            Debit          Credit          Balance

July 8  Cash                                GH¢150                          GH¢150

9) Insurance

Date                                            Debit          Credit          Balance

July 17  Cash                              GH¢100                          GH¢100

10) Drawings

Date                                            Debit          Credit          Balance

July 22  Bank                             GH¢1,000                       GH¢1,000

11) Motor Expenses

Date                                            Debit          Credit          Balance

July 25  Cash                             GH¢300                         GH¢300

12) Sales Account

Date                                            Debit          Credit          Balance

July 18  Cash                                              GH¢2,500      GH¢2,500

July 28 Bank                                              GH¢5,400      GH¢7,900

b) Trial Balance as at July 28, 2019:

                              Debit                Credit                                                                                                                           GH¢                  GH¢

Capital                                            16,000

Cash                      2,250

Bank                      10,100

Purchases             6,000

Fittings                  5,000

Accounts Payable                           5,000

Motor Van             4,000

Stationery                 150

Insurance                 100

Drawings               1,000

Motor Expenses     300

Sales                                               7,900

Total                   $28,900        $28,900

Explanation:

a) Ledger Accounts are the financial records of all classes of business transactions, which record the debit and credit sides and extracts balances for preparing the trial balance.

b) Trial Balance is a list of the balances extracted from the ledger.  It is a tool for checking if the two sides of the accounts are in balance (equal).  It is the basis for adjusting entries and the preparation of the financial statements for a period.

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.

for storing the moneys